Search For "foreign exchange reserves"
India's foreign exchange reserves decline by USD 2.8 billion
Updated : 2 years, 1 month ago IST
Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
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India's forex reserves fell USD 5.9 billion in week that ended January 5
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves declined by USD 5.898 billion to USD 617.303 billion in the week that ended on January 5, 2023, the latest data released by the Reserve Bank of India showed.
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India's forex reserves rose by USD 58 billion cumulatively in 2023
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign
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Asia-Pacific sovereigns navigate challenges with resilient growth in 2024:
Updated : 2 years, 2 months ago IST
This resilience is attributed to the deceleration of growth in the US and China. The anticipated recovery in the tech cycle is expected to play a pivotal role, particularly benefiting countries like Korea, Malaysia, Taiwan, and Singapore.
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India's forex reserves jump by USD 9 bn to USD 615 bn last week: RBI
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending December 15, 2023. This increase is one of the highest for a week and marks a 20-month high, data released by the Reserve Bank of India on Friday showed.
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India's forex reserves rose USD 2.8 bln to USD 606.9 bln last week: RBI
Updated : 2 years, 3 months ago IST
India's overall foreign exchange reserves rose USD 2.816 billion to USD 606.859 billion in the week that ended on December 8, 2023, data released by the Reserve Bank of India on Friday showed.
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PML-N supremo laments Pakistan's dire economic crisis, vows to redirect co
Updated : 2 years, 4 months ago IST
Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif on Saturday lamented how Pakistan's economy is in dire straits with very high inflation, dangerously low foreign exchange reserves and vowed to redirect the country on the path of growth, Pakistan-based Dawn newspaper reported.
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Pakistan's external woes to persist due to shrinking dollar inflows
Updated : 2 years, 6 months ago IST
Pakistan's external woes would continue to persist due to shrinking dollars despite agreeing to an IMF Standby Arrangement (SBA) scheme worth USD 3 billion, according to The News International.
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China agrees to reschedule USD 2 billion debt recovery
Updated : 2 years, 7 months ago IST
This is a major relief to Pakistan government which is in the process of rebuilding foreign exchange reserves through fresh loans and rolling over maturing debt.
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IMF bailout will help strengthen Pakistan's foreign exchange reserves: PM
Updated : 2 years, 8 months ago IST
After Pakistan signed a staff-level agreement on a "standby arrangement" for nine months, contributing to Pakistan's economic stability, Prime Minister Shehbaz Sharif expressed his appreciation on Friday, ARY News reported.
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India's forex reserves declined USD 1.32 bln last week to USD 593.75 bln
Updated : 2 years, 9 months ago IST
India's overall foreign exchange reserves declined USD 1.318 billion to USD 593.749 billion in the week that ended on June 9, 2023, data released by the Reserve Bank of India on Friday showed.
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China's actions exacerbating Pakistan's debt issue
Updated : 2 years, 9 months ago IST
By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The problem is an outcome of legacy issues plaguing the Pak economy including dwindling foreign exchange reserves, high inflation, a lack of foreign investments and balance of payme
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