Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result of a slowdown in global growth, rising inflation exacerbated by the war in Ukraine, adverse weather conditions, a tightening in global financial conditions, and the risin
New Delhi [India], July 26 (ANI): The ongoing Russia-Ukraine conflict, soaring crude oil prices, and tightening of global financial conditions are major reasons for the weakening of the Indian rupee, which slipped below 80 against the US dollar recently, the government said in Parliament on
New Delhi [India], July 18 (ANI): The recent depreciation in the value of the Indian rupee against the US dollar is due to global factors like the Russia-Ukraine conflict, soaring crude oil prices, and tightening of global financial conditions, the government said in the Lok Sabha on Monday.
Washington D.C. [USA], April 14 (ANI): The International Monetary Fund (IMF) in its Global Financial Stability Overview released on Tuesday has noted that early in 2020, global financial markets remained afloat as there was a sense of optimism on the back of supportive monetary policy, reduc