Latest News for: Foreign reserves

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Saudi Arabia to deposit $3 billion in Pakistan foreign reserves

The Arab Weekly 30 Nov 2021
Saudi Arabia will deposit $3 billion in Pakistan’s foreign reserves in a week or so for one year at 4% interest under a support package signed on Monday, Pakistan’s finance ministry spokesman said on Tuesday ... Pakistan’s total liquid foreign reserves stand at $22.77 billion, according to the central bank.
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Sri Lanka's foreign reserve down to lowest in the history Eran Wickramaratne

MENA FN 30 Nov 2021
(MENAFN - NewsIn.Asia) Colombo, Nov 30 (NewsWire) – Main opposition Samagi Jana Balavegaya alleged in Parliament that Sri Lanka's foreign reserves have dropped to $ 1.5 billion which included the ... .
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Saudi Fund, SBP sign $3bln deposit agreement

The News International 30 Nov 2021
The State Bank of Pakistan on Monday signed an agreement for a deposit of $3 billion from Saudi Fund for Development (SFD) that will help boost the country’s foreign currency reserves ... “The deposit amount under the agreement shall become part of SBP’s foreign exchange reserves.
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Pakistan expects $3 billion reserves deposit from Saudi in days

Reuters 30 Nov 2021
ISLAMABAD, Nov 30 (Reuters) - Saudi Arabia will deposit $3 billion in Pakistan's foreign reserves in a week or so for one year at 4% interest under a support package signed on Monday, Pakistan's finance ministry spokesman said on Tuesday ... Reserves," it said.
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Afghans seek end to sanctions, unconditional unfreezing of reserves

Middle East Monitor 30 Nov 2021
A request was proffered by Acting Foreign Minister, ... Billions of dollars in foreign reserves have been blocked by Washington after the exit of foreign forces ....
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SBP signs agreement for $3bn Saudi fund

Dawn 30 Nov 2021
The State Bank of Pakistan on Monday signed an agreement with the Saudi Fund for Development (SFD) to receive $3 billion, which will be placed in the SBP’s account with an aim to improve its foreign exchange reserves ... Exchange Reserves,” said the press release issued on Monday.
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Saudi Arabian fund to deposit $3b with Pakistan central bank in timely boost to foreign currency reserves

Gulf News 30 Nov 2021
The Saudi Fund for Development (SFD) will deposit $3 billion with the Pakistan central bank and boost that country’s foreign reserves. “It will help support Pakistan’s foreign currency reserves and contribute towards resolving the adverse effects of the pandemic,” the State Bank of Pakistan said in a statement.
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Paris Says Informed by US About Decision to Release Oil From Strategic Reserves If Needed

Urdu Point 30 Nov 2021
France was informed about the US decision to release oil from strategic reserves if necessary, and is monitoring this issue together with European partners, a French foreign ministry ...
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Saudi conditions

Dawn 30 Nov 2021
After all, they are extending us this favour at a time when our official foreign exchange reserves have gone down from $20.07bn to $16.25bn in the last three months, the rupee has lost 15pc of its value and the current account deficit has crossed $5bn to reach 4.7pc of GDP.
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US abusing dollar, claims Russian oil boss

Russia Today 30 Nov 2021
Read more Ditch the dollar & scrap Western payment systems with us to avoid US sanctions’ sting, Russian Foreign Minister Lavrov tells China. He also blasted the US Federal Reserve’s policy of quantitative easing – essentially flooding the global economy with the ...
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Oil release is a gimmick; it won't provide long-term relief

The Keene Sentinel 30 Nov 2021
It’s the first time an emergency release of the reserve has been used to control prices absent a disruption in oil production caused by natural disasters or foreign conflicts. Releasing the reserves is a purely political move by Biden ... China, North Korea and other nations are making simultaneous releases of their reserves.
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Editorial: Oil release is a gimmick; it won't provide long-term relief

Johnson City Press 30 Nov 2021
It’s the first time an emergency release of the reserve has been used to control prices absent a disruption in oil production caused by natural disasters or foreign conflicts. Releasing the reserves is a purely political move by Biden ... China, North Korea and other nations are making simultaneous releases of their reserves.
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Editorial: Oil release is a gimmick; it won’t provide long-term relief

Boston Herald 30 Nov 2021
It’s the first time an emergency release of the reserve has been used to control prices absent a disruption in oil production caused by natural disasters or foreign conflicts. Releasing the reserves is a purely political move by Biden ... China, North Korea and other nations are making simultaneous releases of their reserves.
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Oil release is a gimmick; it won’t provide long-term relief

Hawaii Tribune-Herald 30 Nov 2021
It’s the first time an emergency release of the reserve has been used to control prices absent a disruption in oil production caused by natural disasters or foreign conflicts. Releasing the reserves is a purely political move by Biden ... China, North Korea and other nations are making simultaneous releases of their reserves.
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Oil release is gimmick with no long term relief

The Telegraph - Alton 30 Nov 2021
It's the first time an emergency release of the reserve has been used to control prices absent a disruption in oil production caused by natural disasters or foreign conflicts. Releasing the reserves is a purely political move by Biden ... China, North Korea and other nations are making simultaneous releases of their reserves.

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