New Delhi [India], July 9 (ANI) India's foreign exchange reserves declined by $5 billion to $588.314 billion during the week that ended on July 1, the Reserve Bank of India's weekly data showed.
New Delhi [India], July 2 (ANI): India's foreign exchange reserves rose by $2.734 billion to $593.323 billion during the week that ended on June 24, the Reserve Bank of India's weekly data showed.
New Delhi [India], June 17 (ANI): India's foreign exchange reserves for the week that ended on June 10, 2022, declined by $4.59 billion dollar to $596.46 billion dollar, Reserve Bank of India (RBI) data showed on Friday.
Islamabad [Pakistan], June 2 (ANI): China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.
Islamabad [Pakistan], May 26 (ANI): Pakistan is now perceived by the International investors as a country with high default risk at a time when the foreign exchange reserves by the State Bank of Pakistan (SBP) are down from USD 20 billion in August 2021 to USD 10.1 billion in nine months.
Islamabad [Pakistan], May 20 (ANI): Pakistan has announced a ban on the import of 38 non-essential luxury items under 'emergency economic plan' amid the record fall of country's currency against the US dollar, on account of the rising import bill, and depleting foreign exchange reserves.
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
Islamabad [Pakistan], April 12 (ANI): With Pakistan facing political turmoil and a sliding economy, further deterioration in its external position including widening of current account deficit and erosion of foreign exchange reserves, would threaten the government's external repayment posit
Islamabad [Pakistan], April 5 (ANI): The ongoing constitutional crisis in Pakistan amid the dissolution of the National Assembly by Imran Khan can adversely affect the fragile economy of the country.
Islamabad [Pakistan], April 1 (ANI): Amid Pakistan's continuing economic woes, reserves held by the State Bank of Pakistan (SBP) decreased by a massive USD 2.915 billion, revealed the data released by the central bank on Thursday.
Islamabad [Pakistan], February 20 (ANI): The ruling Imran Khan-led Pakistan Tehreek-i-Insaf (PTI) government is considering a proposal to borrow gold biscuits and bars from the people to increase the country's foreign exchange reserves that remain on a sliding path despite taking over USD 5
Washington [US], February 16 (ANI): Pakistan's poor foreign exchange reserves and lack of financial reforms have increased its dependency on China, according to a media report.