Search For "monetary"
State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 11 months ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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Mayhem in Pakistan amid rising inflation, cost-of-living
Updated : 2 years, 11 months ago IST
The lack of coordinated fiscal and monetary policy responses, coupled with the complete inability of the central bank to keep inflation within the target range has led to a scenario where the country is on the verge of a hyperinflationary cycle.
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Shaktikanta Das congratulates Team RBI on completing 88 years of service t
Updated : 2 years, 11 months ago IST
The Governor said in a tweet, "Congratulations Team RBI for 88 years of dedicated service to the nation. It's an humbling moment. A day to rededicate ourselves to the responsibilities of this national institution."
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Pakistan's inflation soars to 35.4 per cent in March, highest since 1965
Updated : 2 years, 11 months ago IST
Pakistan's year-on-year inflation hit 35.37 per cent in March -- the highest in nearly five decades -- as the government scrambled to meet International Monetary Fund (IMF) conditions to unlock a desperately needed bailout.
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Indian stocks largely steady as RBI monetary policy meeting commences
Updated : 2 years, 11 months ago IST
Indian stocks traded largely steady Monday morning as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting, the first in 2023-24, starting today.
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Pak Finance Ministry warns inflation to increase further
Updated : 2 years, 11 months ago IST
According to Pakistan's newspaper, the second-round effect of the policy decision had led to decisions like a rise in energy and fuel prices, the central bank's policy rate, and the rupee's depreciation to secure International Monetary Fund's funding.
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UAE participates in 2nd International Financial Architecture Working Group
Updated : 2 years, 11 months ago IST
G20 members invited countries, and international organisations attended the meeting. The UAE delegation included Ahmad bin Sulaiman, Director of the Federal Debt Management Office at the Ministry of Finance, and Khalifa Al Faheem, Senior Director of Monetary Operations and Monetary Managemen
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Pakistan waiting for China's decision on its request for rollover of loan
Updated : 2 years, 11 months ago IST
Such a rollover is critical for Pakistan, whose foreign exchange reserves have fallen to four weeks' worth of imports at a time when it is seeking a $1.1 billion IMF bailout tranche.
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Indian stocks rise Friday; investors eye RBI meet for fresh cues
Updated : 2 years, 11 months ago IST
"U.S. stock indexes finished sharply higher on Wednesday, helped by a rally in technology shares and easing concerns about stress in the banking sector. Appetite for risk was evident on Wednesday as investors were more relaxed about the health of the bank sector and the prospects for the
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China's premier Li resists new Cold War in warning to US
Updated : 2 years, 11 months ago IST
In a keynote address at the Boao Forum for Asia, Li insisted China "will always be a builder of world peace, a contributor to global development and a defender of international order" despite growing concerns over China's arms buildup and increased military pressure on Taiwan, which Beijing
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Pakistan's political turmoil delivers more twists as key provincial electi
Updated : 2 years, 11 months ago IST
The unrest came as Pakistan faces delays in accessing crucial assistance from the International Monetary Fund, further exacerbating the instability.
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Indian stocks marginally higher Wednesday morning
Updated : 2 years, 11 months ago IST
Indian stocks were marginally higher on Wednesday morning after closing largely steady during the previous session.
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