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LG Electronic India FY22 PAT falls 23 pc to Rs 1,175 cr

It, however, continues to provide services support and software updates for existing customers.During the year under review, its foreign exchange earnings by export were Rs 976 crore. The Foreign Exchange outflow for Import of Goods payment for services was Rs 7,761.4 crore. ....

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Morocco's trade deficit shrinks 32.7% in January on year

Morocco's trade deficit shrank by 32.7% to stand at 16.4 billion dirhams ($1.84 billion) in January, the foreign exchange regulator said on Wednesday. Moroccan imports dropped 16% to 41.7 billion dirhams and exports decreased 5.2% to 25.3 billion dirhams compared with the same month a year earlier, the regulator said in its monthly report. The COVID-19 pandemic has reduced the cost of energy imports, slowed trade and led to economic contractions that have hit both domestic and foreign demand. ....

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