The gain in forex reserves during week ended June 27 was led by an increase in foreign currency assets, which surge by $5.75 billion to $594.82 billion.

Despite initial worries that greater exchange rate flexibility would trigger a temporary slump in the local currency, the market responded positively ...

Pakistan will use a $1.4 billion loan from the International Monetary Fund's climate resilience fund to expand fiscal space, embed climate planning into public investment decisions and unlock ...

Less than two weeks into office, the Rao government sharply devalues the rupee by over 20% amid a balance of payments crisis, ...

The International Monetary Fund has urged Nigeria to revise its N54.99 trillion 2025 budget downward in response to weakening ...

India is steadily expanding its exposure to yen-denominated loans for leveraging ultra-low interest rates, stable repayment ...

The International Monetary Fund has advised Sri Lanka of strict compliance for restoring fiscal sustainability and said the ...

These reforms, including the unification of exchange rates and increased market-driven pricing, have been pivotal in ...

Thackeray questioned the BJP's handling of the Pahalgam attack and the effectiveness of diplomatic efforts, citing Pakistan's ...

The Naira on Friday experienced a slight depreciation at the official market, trading at N1,528.56 to a dollar. Data obtained ...

Over this period, "the Israeli Air Force has struck over 7,500 terrorist infrastructure sites, including weapons storage facilities, rocket launchers, underground tunnel routes, and terrorists from ...

Lanka is at a disastrous crossroads. The ruling NPP government promised big while in the Opposition. But now caught up in the reality of ruling a country, has had to come to grips with the realities ...