Search For "balance of payments"
India's current account balance records surplus of USD 19.8 billion in Q1
Updated : 5 years, 5 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, 8 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 balance of payments position improves to USD 433.7 billion
Updated : 6 years, 1 month 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 : 6 years, 11 months 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, 1 month 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, 2 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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Pak's balance of payments worsens, likely to approach IMF next month
Updated : 7 years, 11 months ago IST
Islamabad [Pakistan], Mar 27 (ANI): The Pakistan Muslim League-Nawaz (PML-N) government has accepted the International Monetary Fund's (IMF) pre-condition to let the Pakistani rupee depreciate by over four percent to qualify for any fresh bailout package needed to avoid a default-like situat
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