Search For "balance of payment"
India's current account deficit rises to USD 23 billion in Q3 of 2021-22
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], March 31 (ANI): India's current account deficit (CAD) surged to USD 23 billion in the third quarter of 2021-22 from USD 9.9 billion in the previous quarter and USD 2.2 billion recorded in October-December 2020 period, the Reserve Bank of India (RBI) data showed
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Pakistan's progress at stake due to economic stagnation
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 7 (ANI): Pakistan's economic progress appears to be at stake due to economic stagnation with Imran Khan-led Pakistan Tehreek-e-Insaaf (PTI) government's failed efforts to increase foreign direct investments.
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Pakistan's foreign remittances fall in November, exchange rate against US
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], December 23 (ANI): In Pakistan the exchange rate witnessed a persistent decline against the US dollar for the last several months because of the fall in foreign remittances by 6.6 percent despite contradicting claims by Pakistan economic managers.
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Pakistan finance ministry warns of risks to country's economy
Updated : 4 years, 9 months ago IST
Islamabad [Pakistan], August 30 (ANI): Pakistan's economy is at risk as the increase in international commodity prices could worsen inflation and affect Balance of Payments (BoPs), said the country's finance ministry.
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IMF approves USD 156 million for Cameroon to finance COVID-19 response
Updated : 5 years, 7 months ago IST
Washington [US], October 22 (ANI/Sputnik): Cameroon will receive emergency aid totalling USD 156 million to help cover a shortfall in the nation's budget and balance of payments due to the coronavirus pandemic, the International Monetary Fund (IMF) said in a press release on Wednesday.
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India's current account balance records surplus of USD 19.8 billion in Q1
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): India's current account balance (CAB) recorded a surplus of USD 19.8 billion (3.9 per cent of GDP) in the April-June quarter (Q1) of 2020-21, Reserve Bank of India (RBI) said in a press release on Wednesday.
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India's foreign exchange reserves increased by USD 59.5 billion during 201
Updated : 5 years, 11 months ago IST
New Delhi [India], June 30 (ANI): The country's foreign exchange reserves increased by USD 59.5 billion during 2019-20, on a balance of payments basis (excluding valuation effects), the Reserve Bank of India said on Tuesday.
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India's current account balance records marginal surplus during Q4 of 2019
Updated : 5 years, 11 months ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) has recorded a marginal surplus of USD 0.6 billion, which is 0.1 per cent of GDP, in the fourth quarter i.e. January-March 2020, the Reserve Bank of India (RBI) said on Tuesday.
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India's balance of payments position improves to USD 433.7 billion
Updated : 6 years, 3 months ago IST
New Delhi [India], Jan 31 (ANI): India's balance of payments position improved to USD 433.7 billion by September 2019 from USD 412.9 billion of forex reserves in March 2019, says Economic survey 2019-20.
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IMF delays multi-billion aid to debt-ridden Pakistan
Updated : 7 years, 1 month ago IST
Islamabad [Pakistan], Apr 15 (ANI): The International Monetary Fund (IMF) would delay the bailout package to debt-ridden Pakistan as the global money lender has sought details about China-Pakistan Economic Corridor (CPEC), and demanded a written guarantee that it will not use the aid to repa
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Cash-strapped Pakistan receives $1 bn each from Saudi Arabia, UAE
Updated : 7 years, 4 months ago IST
Islamabad (Pakistan), Jan 25 (ANI): Battling a severe financial crunch, Pakistan received the third tranche of $1 billion from Saudi Arabia and a similar amount from the United Arab Emirates.
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UAE's USD 6.2 billion bail-out package for Pakistan
Updated : 7 years, 4 months ago IST
Islamabad [Pakistan], Jan 5 (ANI): The United Arab Emirates (UAE) has finalised a bail-out package worth around USD 6.2 billion to assist Pakistan's struggling economy. The package will enable Pakistan to deal with its balance-of-payments crisis.
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