Search For "foreign currency reserves"
Pakistan: The Nuclear Power without a Stable Economy
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 24 (ANI): Pakistan may have nuclear capabilities however the country is fighting with its fast exhausting foreign currency reserves and widening fiscal and current account deficits, along with a rupee that has lost almost 20 per cent of its value in just 7 month
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India's forex reserves dip by $7.54 billion as RBI sells dollars to defend
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): India's foreign exchange (forex) reserves slumped by $7.541 billion to $572.712 billion for the week ended July 15, the lowest level in 20 months, as the Reserve Bank of India (RBI) likely used its war chest to defend the rupee, which recently dip
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India's forex reserves dip by $8.06 billion to $580.25 billion
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): India's foreign exchange (forex) reserves slumps by $8.062 billion to $580.252 billion for the week ended July 8, as per the data released by the Reserve Bank of India (RBI) on Friday.
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Turkish Lira slumps, inflation at 70 pc: Erdogan's govt in dire straits
Updated : 3 years, 8 months ago IST
Ankara [Turkey], July 13 (ANI): The latest lira slump, combined with soaring global energy and food prices, inflation now at 70 per cent and rising has placed Turkish President Recep Tayyip Erdogan in dire straits.
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Chinese energy firms 'threaten' to block Afghan coal import
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 11 (ANI): As a steady decline of foreign currency reserves in Pakistan continues, Chinese energy firms in Pakistan have threatened to discontinue the import of Afghan coal in Pakistan if National Electric Power Regulatory Authority (NEPRA) does not approve of decre
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India's forex reserves dip by $5.9 billion to $590.59 billion
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): India's foreign exchange (forex) reserves slumped by $5.87 billion to $590.588 billion for the week ended June 17 as foreign portfolio investors pulled money out of the Indian equities amid mounting concerns of global recession, the Reserve Bank o
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Pakistan leans on Qatar for LNG amid falling foreign currency reserves
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 12 (ANI): Finance Minister Miftah Ismail said on Saturday that Pakistan will seek a deferred payment plan for liquefied natural gas (LNG) bought under long-term deals with Qatar as the nation's economy continues to stay in the doldrums while it awaits IMF funds ami
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India's forex reserves slide by $306 million to $601 billion
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): India's foreign exchange (forex) reserves fell by $306 million to $601.057 billion for the week ended June 3 dragged by a sharp decline in the value of foreign currency assets, the Reserve Bank of India (RBI) data showed.
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India's forex reserves rise above USD 600 billion mark again
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): India's foreign exchange (forex) reserves for the week ended May 27 rose by USD 3.854 billion to USD 601.363 billion led by a sharp increase in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
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Pakistan in dire need of USD 36 billion to avert economic collapse
Updated : 3 years, 9 months ago IST
Karachi [Pakistan}, May 29 (ANI): Amid the depleting foreign currency reserves and crashing economy, Pakistan is in dire need of USD 36-37 billion in foreign financing in the next fiscal year.
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After 10 straight weekly fall, India's forex reserves rise by USD 4.23 bil
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Snapping 10 consecutive weeks of decline, India's foreign exchange (forex) reserves rose by USD 4.23 billion to USD 597.509 billion for the week ended May 20, the Reserve Bank of India (RBI) data showed.
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India's forex reserves slump by $2.67 billion; 10th weekly fall
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday.
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