The Lankan crisis: Forex reserves rise for first time in five months

Sri Lanka’s foreign exchange pile rose for the first time in five months, likely due to deferment of payments to India under an Asian Clearing Union, even…

India’s Forex Reserves Rise By USD 3.854 Billion

India’s foreign exchange reserves increased by USD 3.854 billion to USD 601.363 billion in the week ended May 27, according to RBI data. In the previous week,…

10 African countries with the largest foreign exchange reserves

Just yesterday, President Yoweri Museveni of Uganda stressed that his government cannot afford to subsidise imports of essential foods and commodities, because doing so would be disastrous to his country’s…

Pakistan forex reserves plunge to lowest level since Dec 2019: Report

Cash-strapped Pakistan’s foreign exchange reserves have dropped to their lowest level since December 2019, owing to an increase in current account and trade deficits, higher external debt…

Forex reserves dip to 7-month low as central bank sells greenbacks

Taipei, May 5 (CNA) Taiwan’s foreign exchange reserves at the end of April fell to the lowest in seven months as the central bank continued to cut its holdings of…

Forex reserves down $3.271 bn to $600.423 bn, says RBI data

The country’s foreign exchange reserves decreased by USD 3.271 billion to USD 600.423 billion in the week ended April 22, RBI data showed. In the…