Search For "monetary"
Sango - The first national digital monetary system built by the Central Af
Updated : 3 years, 8 months ago IST
Bangui [Central African Republic], July 19 (ANI/PRNewswire): The world was taken by surprise when the President of CAR, Faustin-Archange Touadera, made his announcement regarding the adoption of Bitcoin as legal tender on April 21 and then with the following implementation of the SANGO Coin
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Negotiations with IMF nearing conclusion: Sri Lanka's acting President
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 18 (ANI): Sri Lanka's acting President Ranil Wickremesinghe on Monday said talks with the International Monetary Fund (IMF) are about to conclude amid the ongoing economic crisis that has led to civil unrest in the island nation.
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IMF director describes Sri Lanka as 'warning sign' for countries with high
Updated : 3 years, 8 months ago IST
Bali [Indonesia], July 17 (ANI): Highlighting the ongoing political turmoil in Sri Lanka, International Monetary Fund Managing Director Kristalina Georgieva on Saturday warned countries with high debt levels to take lessons from Sri Lanka and said that it is a warning sign for nations with l
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Pakistan assures IMF over China's CPEC energy deals
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 17 (ANI): In an attempt to stabilise the country's economy, Pakistan has assured the International Monetary Fund (IMF) that it would try to receive concessions from China-Pakistan Economic Corridor (CPEC) power plants.
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No excessive money supply in the system that could stoke runaway inflation
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India's monetary policy has been "very adroitly balanced" and it ensured that there is no excessive money supply in the system that could stoke runaway inflation, HDFC Bank Chairman Atanu Chakraborty said on Saturday.
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Pakistan to receive USD 1.17 billion tranche: IMF
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 16 (ANI): The International Monetary Fund (IMF) said that Pakistan will receive USD 1.7 billion tranches in the coming three to six weeks, after reaching the staff-level agreement earlier this week.
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Pandemic, supply disruptions pose risk to food security; urgent actions ne
Updated : 3 years, 8 months ago IST
Washington [US], July 16 (ANI): The Covid-19 pandemic, its resultant interruption in international supply chains, the ongoing conflict in Ukraine severely disrupting food, fuel and fertilizer markets, countries across the world now need to strengthen safety nets, facilitate trade, boost food
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Faced with 'darkening' outlook, IMF set to downgrade global growth
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth for both 2022 and 2023 in its World Economic Outlook Update to be released later this month.
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Pakistan, IMF reach agreement on USD 6 bn Extended Fund Facility loan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 14 (ANI): The International Monetary Fund (IMF) has said that it had reached a staff-level agreement with Pakistan on the combined seventh and eighth reviews for a USD 6 billion Extended Fund Facility (EFF) loan facility.
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Turkish Lira slumps, inflation at 70 pc: Erdogan's govt in dire straits
Updated : 3 years, 8 months ago IST
Ankara [Turkey], July 13 (ANI): The latest lira slump, combined with soaring global energy and food prices, inflation now at 70 per cent and rising has placed Turkish President Recep Tayyip Erdogan in dire straits.
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RBI imposes monetary penalty on Ola Financial Services
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): The Reserve Bank of India (RBI) on Tuesday said it has imposed a monetary penalty of Rs 1.68 crore on Ola Financial Services Private Limited for non-compliance with certain provisions of payment instruments and know your customers (KYC).
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RBI imposes monetary penalty on Bettiah-based Cooperative Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed Rs 2 lakh monetary penalty on Bettiah (Bihar)-based National Central Cooperative Bank Limited for non-compliance with directions related to KYC and depositor education and awareness fun
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