Washington, Jan 16 (IANS) The International Monetary Fund (IMF) on Thursday said it is closely watching global energy markets amid tensions around Venezuela and Iran, but noted that oil prices have not yet seen “very significant impacts.”Asked how serious the current tensions surrounding Venezuela and Iran could be for global energy markets, Julie Kozack, Director of the IMF’s Communications Department, said: “What I can say for now is that obviously we’re monitoring all of this closely….
Latest Special Drawing Rights News & Updates
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…