Special Drawing Rights
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RBI Appointed Panel Suggests Steps For 'Internationalisation' Of Rupee
A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.
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Pakistan Gets $2.75 Billion In COVID-19 Support Funds From IMF
Pakistan on Tuesday received $2.75 billion from the International Monetary Fund (IMF) under a Special Drawing Rights (SDR) programme to support low-income countries hit by the coronavirus, its central bank said.
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IMF's Liquidity Boost May Have Costly Side Effects, Says India
Finance Minister Nirmala Sitharaman said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might not be effective in easing coronavirus-driven financial pressures.
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Economic Ties With China Most Important Relationship In The World: US
Economic relationship between the world's two largest economies - US and China -- is likely the world's most important financial association according to the US Treasury Secretary Jacob Lew.
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Airlines Will Have To Pay You More For Delays, Lost Baggage
Airlines will soon have to compensate passengers more for losing their baggage, injuries caused, or exceptional delays.
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China Busts Biggest Ever 'Underground Bank': Police
Chinese authorities have uncovered an "underground bank" which illegally transferred money overseas in a case valued at $64 billion, said to be the country's largest ever, according to a police statement.
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RBI Appointed Panel Suggests Steps For 'Internationalisation' Of Rupee
A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.
-
Pakistan Gets $2.75 Billion In COVID-19 Support Funds From IMF
Pakistan on Tuesday received $2.75 billion from the International Monetary Fund (IMF) under a Special Drawing Rights (SDR) programme to support low-income countries hit by the coronavirus, its central bank said.
-
IMF's Liquidity Boost May Have Costly Side Effects, Says India
Finance Minister Nirmala Sitharaman said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might not be effective in easing coronavirus-driven financial pressures.
-
Economic Ties With China Most Important Relationship In The World: US
Economic relationship between the world's two largest economies - US and China -- is likely the world's most important financial association according to the US Treasury Secretary Jacob Lew.
-
Airlines Will Have To Pay You More For Delays, Lost Baggage
Airlines will soon have to compensate passengers more for losing their baggage, injuries caused, or exceptional delays.
-
China Busts Biggest Ever 'Underground Bank': Police
Chinese authorities have uncovered an "underground bank" which illegally transferred money overseas in a case valued at $64 billion, said to be the country's largest ever, according to a police statement.
