Search For "foreign reserves"
USD33.42 bn sales in Apr-Sep FY 23 by RBI to contain Rupee fall: Sitharama
Updated : 3 years, 5 months ago IST
Typically, the RBI from time to time intervenes in the markets through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the rupee.
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Laos debt pressure on rise, owes large sum of foreign debt to China: Exper
Updated : 3 years, 8 months ago IST
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand's Krungsri Re
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Pakistan appoints new State Bank governor
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 28 (ANI): Amid dwindling foreign reserves and the country's ongoing deal with the International Monetary Fund (IMF), Pakistan appointed Jameel Ahmad as the new governor of the State Bank of Pakistan (SBP) for the next five years.
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China maintains deafening silence over Sri Lanka's debt restructuring requ
Updated : 3 years, 9 months ago IST
Colombo [Sri Lanka], August 27 (ANI): Even as Sri Lankan President Ranil Wickremesinghe has requested China to restructure its debt amid a severe economic crisis and shrinking foreign reserves, Beijing has chosen to maintain a deafening silence which reveals how disinterested the country is
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Pak: Foreign currency reserves held by SBP fall USD 87Mn to USD 7.8Bn
Updated : 3 years, 9 months ago IST
Karachi [Pakistan], August 26 (ANI): The foreign currency reserves held by the State Bank of Pakistan (SBP) were recorded at USD 7.81 billion, according to data released by the SBP on Thursday as they witnessed a fall of USD 87 million.
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Sri Lanka's pulses production on track for recovery: Global Pulse Confeder
Updated : 3 years, 9 months ago IST
New Delhi [India] August 12 (ANI): With fuel shortages raging across the country and prices skyrocketing as the currency rapidly depreciates and foreign reserves deplete, Sri Lankan citizens are facing, among other issues, difficulty accessing food.
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Bangladesh's foreign reserves are good, won't see repeat of Lankan crisis:
Updated : 3 years, 9 months ago IST
New Delhi [India], August 10 (ANI): Amid raging protests against skyrocketing fuel prices, the Bangladesh government has asserted that Dhaka won't see a similar fate to the Sri Lankan crisis because the country has a substantial amount of foreign reserves.
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Assurance from friendly countries needed for IMF-Pakistan loan deal
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 3 (ANI): Amid dwindling foreign reserves, the International Monetary Fund (IMF) on Tuesday announced the approval of USD 1.2 billion in loans on the condition that Pakistan should timely secure adequate assurances from friendly countries in order to tackle the wi
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Pak Army chief Bajwa approaches US to secure IMF loan amid dwindling forei
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 1 (ANI): Amid the worsening crisis due to shrinking foreign reserves, Pakistan army chief General Qamar Javed Bajwa has approached the US for help in securing an early disbursement of funds from the International Monetary Fund (IMF) to prevent the south Asian cou
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Pakistan: Bajwa urges US to help Pakistan secure IMF loan tranche
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan's army chief General Qamar Javed Bajwa has sought help from the US to secure an early loan dispersal from the International Monetary Fund at a time when the country is battling with dwindling foreign reserves, media reports said.
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Pakistan: Rupee witnesses sharp decline due to dwindling foreign reserves
Updated : 4 years ago IST
Karachi [Pakistan], May 17 (ANI): In the wake of the dwindling foreign reserves and the inflows taking more than expected time to support the exchange rate, Pakistan's Prime Minister Shehbaz Sharif chaired a meeting with the Exchange Companies Association of Pakistan (ECAP) on Monday to h
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India extends credit line, fuel, food to bail Sri Lanka out of economic cr
Updated : 4 years, 1 month ago IST
New Delhi/Columbo [India/Sri Lanka], April 3 (ANI): Sri Lanka is reeling under a deep economic crisis as the country's foreign reserves have been depleted and the Rajapaksa government is struggling to pay for the import of fuel.
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