New Delhi, Jan 26 (IANS) Pakistan’s economy continues to survive on external support rather than real reform, as policymakers rely on foreign borrowing and strategic alliances to avoid repeated financial collapse, a report has said.For decades, Pakistan has faced recurring economic crises, only to be rescued each time by foreign creditors, the International Monetary Fund (IMF), or friendly nations, according to an analysis by Sakariya Kareem.Instead of building a competitive export-driven econ…
Latest Foreign Exchange Reserves News & Updates
New Delhi, Jan 22 (IANS) Bangladesh’s loss-making power sector, which is heavily dependent on fossil fuels, has emerged as the main cause of pollution in the country, apart from being a drag on the economy, as per local media reports. The Bangladesh Working Group on Ecology and Development (BWGED) presented a 13-point citizen manifesto for a “just transition in the energy sector”. The transition to renewable energy has clearly become essential given the increasing environmental pollution (especi…
Mumbai, Jan 19 (IANS) India continued to remain the fastest-growing major economy in the world, with GDP growth estimated at 7.4 per cent, according to the latest Market Pulse report released by the National Stock Exchange of India on Monday.The report highlights strong macroeconomic stability, rising investor participation, and record fund-raising activity in capital markets during 2025.As per the First Advance Estimates, India’s economic growth stayed well ahead of global peers, supported by…
Mumbai, Jan 11 (IANS) Indian stock markets are expected to remain volatile in the coming week as investors brace for a mix of key domestic and global triggers, including the start of the December quarter earnings season, the release of crucial inflation data, and continued uncertainty over US trade policies.Benchmark indices ended the past week on a weak note, extending their losing streak to five sessions, as caution ahead of corporate results and persistent foreign fund outflows kept sentiment…
New Delhi, Jan 2 (IANS) Continuing an upward trend, India’s foreign exchange reserves increased by $3.293 billion to $696.610 billion in the week ended December 26, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous week, as reported by the central bank, the country’s foreign exchange reserves had risen by $4.368 billion.According to RBI data, in the week ended December 26, the value of foreign currency assets (FCAs), the largest component of the reserves, …
Mumbai, Dec 26 (IANS) India’s foreign exchange reserves rose sharply by $4.36 billion to $693.32 billion for the week ending December 19, according to data released by Reserve Bank of India (RBI) on Friday. The increase reflects the central bank’s efforts to manage liquidity and maintain stability in the foreign exchange market.The RBI said it closely tracks developments in the forex market and steps in whenever required to ensure orderly trading conditions.These interventions are aimed at r…