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Indonesia Eases FX Lock-Up Rule for EU, Japan, Korea

Jakarta. Indonesia announced Friday that it would ease its foreign exchange retention rule for major trading partners Japan, South Korea, and the European Union (EU). Jakarta has mandated natural resource exporters to keep all of their foreign currency earnings onshore for at least a year, with the banking options limited to state-owned banks. Mining exporters that…

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Xpro H1FY27 PAT hits Rs 14.8 crore as forex charge falls

Xpro H1FY27 PAT hits Rs 14.8 crore as forex charge falls

Key highlights Xpro reported Rs 14.8 crore consolidated H1FY27 PAT, compared with a Rs 0.5 crore loss in H1FY26. Xpro’s PAT before forex adjustment declined 21.6% to Rs 15.2 crore in H1FY27. Xpro’s net foreign-exchange difference was Rs 0.3 crore in H1FY27, compared with Rs 19.9 crore in H1FY26. Xpro’s H1FY27 consolidated revenue rose 32.6%…

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