Foreign Reserves

Latest News for: Foreign reserves

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Fears mount as loan talks with China face uncertainty

Dawn 27 Jul 2024

On March 23, 2018, the People’s Bank of China signed an agreement with the State Bank of Pakistan to provide a $2bn loan via China’s State Administration of Foreign Exchange (SAFE) to shore up Pakistan’s foreign exchange reserves.

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Forex reserves rise to record $671bn

The Times of India 27 Jul 2024

India's forex reserves surged to a new all-time high ...

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President Praises Political Parties in Parliament for Supporting the Economic Transformation Bill

Sri Lanka News 27 Jul 2024

For this, we need to strengthen our currency and improve our foreign reserves ... With a solid foreign exchange reserve, we can engage in transactions with these countries without any issues.

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Finance minister briefs Chinese officials on reform agenda engagement with IMF

The News International 27 Jul 2024

— PID. ISLAMABAD ... Additionally, the stabilization of the exchange rate and the bolstering of foreign exchange reserves were highlighted as key factors contributing to the economic upturn ... .

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The breaking point is not China's economy but US politicians' nerves

China Daily 27 Jul 2024

Sigmund Freud has a theory about human beings' defense mechanism ... The share of the US dollar in global foreign exchange reserves has also fallen by more than 10 percentage points over the past 20 years ... China has borne the brunt ... Just read Mr ...  . .

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India's foreign exchange reserves surge to touch another peak of USD 670.86 billion

Beijing News 26 Jul 2024

India's foreign exchange reserves have touched another record high, extending from the recent gains ... The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.

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India’s forex reserves jump by $4 billion to hit fresh record high of $670.857 billion: RBI

Live Mint 26 Jul 2024

Given, the global macroeconomic challenges, the Reserve Bank of India would have more flexibility in handling the currency and monetary policy due to the country’s significantly high foreign exchange reserves’’, said Sanjeev Agrawal.

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India's forex reserves rise to 670.86 bln USD

Xinhua 26 Jul 2024

NEW DELHI, July 26 (Xinhua) -- India's foreign exchange (forex) reserves rose by over 4 billion U.S ... During the said week the forex reserves' ...

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SBP reserves plunge $397m

Dawn 26 Jul 2024

Foreign exchange reserves of the State Bank fell drastically by $397 million during the week that ended on July 19, making it difficult for the government to keep the reserves around $9 billion before another loan agreement with the IMF.

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Egypt’s external debt decreases by $14 billion in 5 months

Egypt Independent 26 Jul 2024

In parallel, the Central Bank’s net foreign reserves reached an all-time high of $46.4 billion in June 2024, an increase of $13.25 billion since August 2022, according to the statement.

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Top News on July 26: Sensex rebounds, Obamas endorse Kamala Harris, France railway network suffers major attack and more

Live Mint 26 Jul 2024

... heavy and labour-intensive to repair.Forex reserves hit fresh record highData released by the Reserve Bank of India on Friday indicated that foreign exchange reserves have touched another record high.

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India's forex reserves jump $4 billion to record high of $670.857 billion: RBI

The Times of India 26 Jul 2024

According to the Reserve Bank of ...

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India's Forex Reserves Hit Fresh All-Time High of $670.85 Billion, Surge $4 Billion

News18 26 Jul 2024

The RBI's gold reserves rose $1.329 billion to $59.992 billion during the week ended July 19; India's foreign currency assets, a major component of the reserves, increased by $2.578 billion to $588.048 billion ... .

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Zimbabwe Injects $50M in Forex Market to Stabilize Currency

Bitcoin 26 Jul 2024

Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has ...

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Sri Lanka will hold presidential election on Sept. 21, its first since declaring bankruptcy in 2022

Colorado Springs Gazette 26 Jul 2024

... on some $83 billion in domestic and foreign loans ... Foreign exchange reserves plummeted, leaving Sri Lanka unable to pay for imports or defend its beleaguered currency, the rupee ... All rights reserved.