Search For "exchange reserve"
Amid surge in inflation, Pakistanis face difficulties in performing Haj
Updated : 3 years, 1 month ago IST
Amid a rise in inflation and a shortage of foreign exchange reserves, people in Pakistan have started to face difficulties in performing Haj, Pakistan vernacular media reported.
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India's forex reserves rise by USD 1.657 bn, reach 9-month high
Updated : 3 years, 1 month ago IST
According to the weekly statistical supplement of Reserve Bank of India released on Friday evening, gold reserves of the country declined by USD 521 million to USD 46.125 billion.
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Pak: Everyday essentials out of reach for people amid rising inflation
Updated : 3 years, 1 month ago IST
As Pakistan continues to grapple with economic challenges due to a shortage of foreign exchange reserves, the citizens find it tough to buy everyday essentials like flour, oil and gas.
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India's foreign exchange reserves decline 329 mn to USD 578.45 bn
Updated : 3 years, 2 months ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 4.38 billion to USD 509.691 billion
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Pakistan's politicians are failing their most vulnerable people
Updated : 3 years, 2 months ago IST
No attempt was made to reduce wasteful government spending or energy usage. No attempt was made to win back external creditors who have dumped Pakistani assets, unnerved by highly irresponsible comments from key policymakers. Promises made to the IMF were broken and wild accusations were hur
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Mayhem in Pakistan amid rising inflation, cost-of-living
Updated : 3 years, 2 months ago IST
The lack of coordinated fiscal and monetary policy responses, coupled with the complete inability of the central bank to keep inflation within the target range has led to a scenario where the country is on the verge of a hyperinflationary cycle.
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India's forex reserves rise to over eight-month high
Updated : 3 years, 2 months ago IST
India's foreign exchange reserves rose sharply by USD 5.977 billion to USD 578.778 billion, hitting an over eight-month high.
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Pakistan waiting for China's decision on its request for rollover of loan
Updated : 3 years, 2 months ago IST
Such a rollover is critical for Pakistan, whose foreign exchange reserves have fallen to four weeks' worth of imports at a time when it is seeking a $1.1 billion IMF bailout tranche.
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Pakistan: SBP forex reserves sink to a month's worth of import cover
Updated : 3 years, 2 months ago IST
In its weekly bulletin, the State Bank of Pakistan (SBP) said that its foreign exchange reserves have decreased as of the week ended March 24, which will provide an import cover of less than a month.
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Amid reeling economic crisis, Pakistan faces shortage of live-saving drugs
Updated : 3 years, 2 months ago IST
Amid the depreciating value of the Pakistani Rupee and shortage of foreign exchange reserves, Pakistan faces a critical shortage of live-saving drugs, Pakistan based The News International reported citing local media.
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India's forex reserves rise sharply
Updated : 3 years, 2 months ago IST
India's foreign exchange reserves rose sharply by USD 12.798 billion to USD 572.801 billion in the week ending March 17, according to the Reserve Bank of India's latest data.
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IMF asks Pakistan to provide external financing assurances for release of
Updated : 3 years, 2 months ago IST
It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would release USD 1.1 billion to the cash-strapped, nuclear-armed country of 220 million people and its supercritical for the liquidity-challenged country, whose deficient foreign exc
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