News for 'imf'

Lankan PM Wickremesinghe appointed as Finance Minister

Lankan PM Wickremesinghe appointed as Finance Minister

Rediff.com25 May 2022

The five-time prime minister was re-appointed to the job on May 12 following the political circus precipitated by the unprecedented economic crisis in the island's history.

India's forex kitty surges to $479.57 billion

India's forex kitty surges to $479.57 billion

Rediff.com25 Apr 2020

Gold reserves increased $1.54 billion to $32.68 billion in the reporting week.

Pakistan's economy in trouble; CAD increases to 4-year high of $17.4 bn in FY22

Pakistan's economy in trouble; CAD increases to 4-year high of $17.4 bn in FY22

Rediff.com28 Jul 2022

Pakistan's current account deficit (CAD) increased to a 4-year high of $17.4 billion in the fiscal year of 2021-22, indicating more troubles for the ailing economy of the cash-strapped country. The State Bank of Pakistan (SBP) on Wednesday reported that the country recorded a CAD of $17.406 billion in FY22 compared to a gap of just $2.82 billion in FY21. According to Dawn newspaper, the massive CAD speaks a lot about the severe problem of the balance of payments.

Forex reserves climb to all-time high of $534.5 bn

Forex reserves climb to all-time high of $534.5 bn

Rediff.com7 Aug 2020

Gold reserves were up by $1.525 billion in the reporting week to $37.625 billion.

Economy's only silver lining: Forex reserves at $507 bn

Economy's only silver lining: Forex reserves at $507 bn

Rediff.com3 Jul 2020

Gold reserves in the reporting week increased by $707 million to $33.52 billion.

Forex kitty down by $902 mn to $474.66 bn

Forex kitty down by $902 mn to $474.66 bn

Rediff.com10 Apr 2020

Gold reserve also declined by $340 million to $30.55 billion.

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