USD33.42 bn sales in Apr-Sep FY 23 by RBI to contain Rupee fall

Typically, the RBI from time to time intervenes in the markets through liquidity management, including through the...

Laos owes large sum of foreign debt to China: Report

Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under...

Pakistan appoints new State Bank governor

Islamabad [Pakistan], August 28 (ANI): Amid dwindling foreign reserves and the country's ongoing deal with the...

China maintains deafening silence over Sri Lanka's request

Colombo [Sri Lanka], August 27 (ANI): Even as Sri Lankan President Ranil Wickremesinghe has requested China to...

Foreign currency reserves held by SBP fall 87Mn to USD 7.8Bn

Karachi [Pakistan], August 26 (ANI): The foreign currency reserves held by the State Bank of Pakistan (SBP) were...

Sri Lanka's pulses production on track for recovery: GPC

New Delhi [India] August 12 (ANI): With fuel shortages raging across the country and prices skyrocketing as the...

Bangladesh's foreign reserves are good, won't see repeat of Lanka

New Delhi [India], August 10 (ANI): Amid raging protests against skyrocketing fuel prices, the Bangladesh government...

Assurance from friendly countries needed for IMF-Pak loan deal

Islamabad [Pakistan], August 3 (ANI): Amid dwindling foreign reserves, the International Monetary Fund (IMF) on...

Pak Army chief Bajwa approaches US to secure IMF loan

Islamabad [Pakistan], August 1 (ANI): Amid the worsening crisis due to shrinking foreign reserves, Pakistan army...

Pakistan: Bajwa urges US to help Pakistan secure IMF loan

Islamabad [Pakistan], July 29 (ANI): Pakistan's army chief General Qamar Javed Bajwa has sought help from the US to...

Pakistan: Rupee witnesses sharp decline

Karachi [Pakistan], May 17 (ANI): In the wake of the dwindling foreign reserves and the inflows taking more than...

India extends credit, fuel, food to bail Sri Lanka out of crisis

New Delhi/Columbo [India/Sri Lanka], April 3 (ANI): Sri Lanka is reeling under a deep economic crisis as the...