Foreign Exchange Reserves News
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Saudi Arabia Pledges $3 Billion To Pakistan To Boost Foreign Exchange Reserves
Pakistan said it secured $3 billion in financial support from Saudi Arabia, helping to bolster its foreign exchange reserves
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Rupee Hits All-Time-Low, Breaches 95-Level Against US Dollar
The rupee erased the gains and fell 160 paise from its opening level.
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Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
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India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
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At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
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Pakistan's Economy Facing One Of Its Worst Crises: Report
Pakistan's economy is currently facing one of its worst crises as the country's foreign exchange reserves have fallen to a critical level of USD 4.5 billion, warned The Federation of Pakistan Chambers of Commerce & Industry's (FPCCI)
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India Doesn't Have Problems Like Pakistan, Sri Lanka: What Raghuram Rajan Said
India has sufficient foreign exchange (forex) reserves, external debts are low and the country is not having the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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India Won't Face Crisis Like Lanka, RBI Did A Good Job: Raghuram Rajan
The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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China's $2.3 Billion Refinancing Pakistan Plan Amid Forex Crisis: Report
China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.
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EU Should Seize Russia Reserves To Rebuild Ukraine, Says Top Policy Chief
The European Union should consider seizing frozen Russian foreign exchange reserves to help pay for the cost of rebuilding Ukraine after the war, its foreign policy chief, Josep Borrell, said in an interview with the Financial Times.
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Pak Central Bank Reserves Fall By $123 Million To $20 Billion: Report
Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.
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Rising Forex Reserves A Morale Booster; Should Be Used Wisely, Says Anand Mahindra
India's foreign exchange reserves are expected to reach the $500 billion mark in the coming weeks, as the flow of foreign funds increases, despite the coronavirus pandemic. Commenting on the rising forex reserves, Mahindra Group Chairman, Anand Mahindra, has now said that this is a morale booster in these uncertain times.
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Forex Reserves Reclaim $400 Billion Mark
Forex reserves kitty increases by $1.50 billion as on October 13, 2017, official data shows.
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Saudi Arabia Pledges $3 Billion To Pakistan To Boost Foreign Exchange Reserves
Pakistan said it secured $3 billion in financial support from Saudi Arabia, helping to bolster its foreign exchange reserves
-
Rupee Hits All-Time-Low, Breaches 95-Level Against US Dollar
The rupee erased the gains and fell 160 paise from its opening level.
-
Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
-
India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
-
RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
-
At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
-
Pakistan's Economy Facing One Of Its Worst Crises: Report
Pakistan's economy is currently facing one of its worst crises as the country's foreign exchange reserves have fallen to a critical level of USD 4.5 billion, warned The Federation of Pakistan Chambers of Commerce & Industry's (FPCCI)
-
India Doesn't Have Problems Like Pakistan, Sri Lanka: What Raghuram Rajan Said
India has sufficient foreign exchange (forex) reserves, external debts are low and the country is not having the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
-
India Won't Face Crisis Like Lanka, RBI Did A Good Job: Raghuram Rajan
The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
-
China's $2.3 Billion Refinancing Pakistan Plan Amid Forex Crisis: Report
China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.
-
EU Should Seize Russia Reserves To Rebuild Ukraine, Says Top Policy Chief
The European Union should consider seizing frozen Russian foreign exchange reserves to help pay for the cost of rebuilding Ukraine after the war, its foreign policy chief, Josep Borrell, said in an interview with the Financial Times.
-
Pak Central Bank Reserves Fall By $123 Million To $20 Billion: Report
Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.
-
Rising Forex Reserves A Morale Booster; Should Be Used Wisely, Says Anand Mahindra
India's foreign exchange reserves are expected to reach the $500 billion mark in the coming weeks, as the flow of foreign funds increases, despite the coronavirus pandemic. Commenting on the rising forex reserves, Mahindra Group Chairman, Anand Mahindra, has now said that this is a morale booster in these uncertain times.
-
Forex Reserves Reclaim $400 Billion Mark
Forex reserves kitty increases by $1.50 billion as on October 13, 2017, official data shows.
