Search For "exchange reserve"
India's forex reserves hit near 2-year low
Updated : 3 years, 8 months ago IST
Mumbai [India], September 23 (ANI): India's foreign exchange reserves declined for a seventh straight week, touching $545.652 billion in the week ending September 16, Reserve Bank of India's data showed on Friday.
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Game over for Shehbaz govt as Pakistan reels under economic distress: Shei
Updated : 3 years, 8 months ago IST
Karachi [Pakistan], September 20 (ANI): Former Interior Minister of Pakistan, Sheikh Rashid Ahmed, on Sunday slammed the Shehbaz Sharif-led government for the deteriorating economic situation in Pakistan and said that it is game over for the ruling government now.
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Pakistan's political instability worsens economic crisis in country
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], September 4 (ANI): Pakistan is on the verge of economic collapse due to depleting foreign exchange reserves and spiralling inflation, and the political instability in the country has further worsened the economic crisis. The general public had lost trust in the capabili
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Pakistan forex reserves decline by over USD 2 bln
Updated : 3 years, 9 months ago IST
Karachi [Pakistan], August 12 (ANI): As Pakistan's economy continues to remain in doldrums, the country's foreign exchange reserves declined by over USD 2 billion during the first 5 weeks of this fiscal year due to massive external debt servicing.
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Pakistani rupee registers worst month in 50 years, depreciates by 14.5 pc
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 31 (ANI): The Pakistani currency depreciated by 14.5 per cent against the US dollar, registering its worst month in over 50 years as the country continues to struggle with high import payments, depleting foreign exchange reserves, and political uncertainty.
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RBI has done a good job in increasing forex reserves: Raghuram Rajan
Updated : 3 years, 10 months ago IST
Raipur (Chhattisgarh) [India], July 30 (ANI): The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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Indian stocks record best week since Feb 2021 on buying in banking, return
Updated : 3 years, 10 months ago IST
New Delhi [India], July 24 (ANI): Indian equity markets recorded their best weekly performance during the session till Friday, supported by renewed buying, especially in banking and IT stocks as well as the return of foreign investments into the Indian markets after months. The Indian sto
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Indian economy remains resilient despite global headwinds: RBI
Updated : 3 years, 10 months ago IST
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.
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Pakistan's rising debts, decreasing exchange reserves raise concern
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 14 (ANI): Pakistan is in economic turmoil as its foreign debts are rising while foreign exchange reserves are decreasing.
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Pakistan to borrow PKR 5.5 trillion from international lenders
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 10 (ANI): Pakistan would borrow Pakistani Rupees (PKR) 5.5 trillion from international lenders in the current fiscal year to maintain their foreign exchange reserves, repay the previous loans and finance of current account deficit.
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Pakistan's central bank sends SOS to PM Sharif on country's dwindling fore
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 9 (ANI): As Pakistan's economy continues to remain in shambles, the country's central bank State Bank of Pakistan has given out an SOS call to Prime Minister Shehbaz Sharif-led government of its waning foreign exchange reserves and its negative impact on country's
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