Tunisia is currently facing significant economic challenges, particularly as its foreign-exchange reserves take a substantial hit. In a dramatic decline, currency reserves dropped by nearly 13% in a single day,…
Following the unprecedented upheaval caused by the COVID-19 pandemic, India’s economy showcased remarkable resilience. By September 2024, the nation’s foreign exchange reserves reached a staggering $705 billion, a record high…
India's foreign exchange reserves are currently experiencing a significant downward trend, marking a period of persistent decline that has lasted for approximately four months. Recent reports indicate that foreign currency…
India is currently experiencing fluctuations in its foreign exchange (forex) reserves, which play a critical role in maintaining the nation's economic stability and ensuring international financial obligations are met. The…
India's foreign exchange reserves have recently experienced notable fluctuations, marked by a significant decline that raises questions about the broader economic landscape. In the week concluding on January 17, the…
The foreign exchange reserve situation in Bangladesh has become increasingly precarious, as recent data shows a worrying dip below the $20 billion mark. As of January 22, the country's reserves…
India's economy is currently navigating turbulent waters characterized by fluctuating foreign exchange reserves and a weakening rupee. Recent data reveals that as of January 3rd, the Reserve Bank of India…
Amid the recent depreciation of the Indian rupee against the US dollar, various insights from government sources suggest a robust strategy to stabilize the currency. With the rupee reaching a…
Pakistan's foreign exchange reserves have reached a significant milestone, hitting a three-year high of $18.7 billion by November 2024. This surge provides much-needed stability to the nation's external financial position.…
India’s foreign exchange reserves, often called forex reserves, experienced a significant drop of $5.693 billion in the week ending January 3, 2025, according to the Reserve Bank of India (RBI).…
The Nigerian government recently received a significant sum of $52.88 million from the United States, money classified as "recovered assets" linked to former petroleum minister Diezani Alison-Madueke. This development is…
The latest figures from the Reserve Bank of India (RBI) underscore a significant contraction of the country’s foreign exchange reserves, a situation that requires a deeper understanding of the underlying…
Foreign exchange reserves, commonly referred to as forex reserves, are the holdings of foreign currencies maintained by central banks. These reserves are crucial for a nation's economy as they serve…
