Search For "exchange reserve"
India set to achieve $400 billion merchandise export target in 2021-22, sa
Updated : 4 years, 4 months ago IST
New Delhi [India], January 31 (ANI): India is well on track to achieve a merchandise export target of 400 billion US dollars in 2021-22 after the pandemic-induced slump of the previous year, with strong capital flows into India leading to a rapid accumulation of foreign exchange reserves,
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Pakistan's foreign loans soar to USD 10.4 billion in July-December
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 28 (ANI): Pakistan has borrowed USD 10.4 billion in the past six months, which was higher by 78 per cent over the same period of last year, as it struggled to address the growing current account imbalance and keep the debt-financed foreign exchange reserves at c
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Pakistan: State Bank's reserves fall USD 123 million to USD 20 billion
Updated : 4 years, 8 months ago IST
Karachi [Pakistan], September 10 (ANI): Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.
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Korea's foreign exchange reserves of 458.7 billion dollars in July, the 'l
Updated : 4 years, 10 months ago IST
Seoul [South Korea], August 4 (ANI/Global Economic): At the end of July this year, Korea's foreign exchange reserves reached 458.68 billion dollars, the largest amount ever again.
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Fitch affirms Sri Lanka at CCC amid debt service challenges
Updated : 4 years, 11 months ago IST
Hong Kong, June 16 (ANI): Fitch Ratings has affirmed Sri Lanka's long-term foreign-currency issuer default rating at CCC.
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US dollar share of global foreign exchange reserves drops to 25-year low:
Updated : 5 years ago IST
Washington DC [USA], May 8 (ANI): The share of US dollar reserves held by central banks fell to 59 per cent -- its lowest level in 25 years -- during the fourth quarter of 2020, according to a recent survey by the International Monetary Fund (IMF).
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Indian rupee to trade weaker in 2021: Fitch Solutions
Updated : 5 years, 5 months ago IST
Singapore, Jan 4 (ANI): Fitch Solutions has revised its forecast for the Indian rupee to average stronger at Rs 75.50 per US dollar in 2021 from Rs 77 previously, and Rs 77 in 2022 from Rs 79 previously to account for a stronger 2021 forecast.
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Current account and forex reserve supporting Indian rupee: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Swelling of India's foreign exchange reserves in combination with benign oil prices and tepid imports have led to a current account surplus and helped the Indian rupee to remain broadly stable since mid-March, India Ratings and Research (Ind-Ra) s
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India's debt to GDP ratio may rise to 87.6 pc: SBI Ecowrap
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): India's debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing GDP and consequently higher borrowings, according to a research note by SBI Ecowrap released on Monda
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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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IMF to consider $1.4 bn loan to Pakistan after Imran Khan seeks help to ta
Updated : 6 years, 1 month ago IST
Islamabad [Pakistan], April 13 (ANI): The International Monetary Fund (IMF) has called its executive board meeting on April 16 to consider disbursement of an extra loan worth $1.4 billion to Pakistan after prime minister Imran Khan, once again, opened up his arms before the global financial
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India's current account deficit narrows to 2 pc of GDP: RBI
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 1 (ANI): India's current account deficit (CAD) narrowed to 14.3 billion dollars or two per cent of the gross domestic product (GDP) during April to June, data released by the Reserve Bank of India showed.
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