Search For "foreign exchange reserves"
Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 7 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 economy remains resilient despite global headwinds: RBI
Updated : 3 years, 8 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, 8 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, 8 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, 8 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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India's forex reserves dip $5 bln amid depreciating rupee
Updated : 3 years, 8 months ago IST
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.
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India's forex reserves rise $2.73 billion after three week of fall
Updated : 3 years, 8 months ago IST
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.
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India's foreign exchange reserves fall by $4.6 billion
Updated : 3 years, 9 months ago IST
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.
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Chinese banks to refinance Pakistan with USD 2.3 billion funding
Updated : 3 years, 9 months ago IST
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.
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Int'l investors perceive Pakistan as country with high debt default risk
Updated : 3 years, 9 months ago IST
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.
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Pakistan bans import of non-essential luxury items to 'stabilize economy'
Updated : 3 years, 10 months ago IST
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.
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 3 years, 10 months ago IST
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.
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