This stable, regular and predictable financial assistance - averaging EUR1.5 billion per month - will help cover a significant part of Ukraine's short-term funding needs for 2023, which the Ukrainian authorities and the International Monetary Fund estimate at EUR3 to EUR4 billion per month.
According to RBI's latest data, India's foreign currency assets, which are the biggest component of the forex reserves, declined by USD 3.59 billion to USD 465.075 billion.
Islamabad [Pakistan], October 23 (ANI): Pakistan on Saturday requested its all-weather ally China to roll over its USD 6.3 billion debt amid a slump in its economy due to devastating floods.
New Delhi [India], October 22 (ANI): India's foreign exchange reserves during the week that ended on October 14 fell to an over two-year low of USD 528.367 billion, a drop of USD 4.5 billion from the previous week.
Sitharman said that reducing crop loss and food waste should also be the first intervention of choice to ensure food security Washington: Union Finance Minister Nirmala Sitharaman has said that despite this year’s projected growth rate of 7 per cent for the Indian economy, India remains concerned about the global...
The post appeared first on .
Washington [US], October 13 (ANI): The International Monetary Fund on Thursday praised India as a "bright spot in a dark horizon" due to the rapidly-growing economy even in these difficult times, adding that the country will leave a mark on the world for years to come during next year's presidency of G20.
Washington [US], October 13 (ANI): The International Monetary Fund (IMF) on Wednesday hailed the deployment of the cash transfer scheme in India and described it as a "logistical marvel" considering the sheer size of the country.
Mumbai (Maharashtra) [India], October 8 (ANI): India's foreign exchange (forex) reserves slumped by $4.854 billion to $532.664 billion for the week ended September 30, the lowest level since July 2020, as the Reserve Bank of India (RBI) used its kitty to defend the rupee, which has hit record lows.
New Delhi [India], September 22 (ANI): Pakistan's economy is forecast to slow to 3.5 per cent in the financial year 2022-23 due to reasons like devastating floods and policy tightening, the Asian Development Bank (ADB) has said in its latest report.