THE INTERNATIONAL MONETARY FUND
India took 'very decisive' steps to deal with coronavirus pandemic and its economic consequences: IMF chiefThe IMF Managing Director during a global media roundtable on Thursday predicted a less bad outlook for India in the upcoming World Economi...
- View: Time to include climate-responsive budgeting
Recognising the importance of effective fiscal handling of climate change in the planning and management of domestic public finances, sever...
- Farm bills have potential to represent significant step forward for agricultural reforms in India: IMF
There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system...
- Farm Bills passed by Indian govt have potential to represent significant step forward for agri reforms: IMF
The International Monetary Fund (IMF) has backed the Indian government's decision to roll out farm laws saying that they will enhance the r...
- IMF urges countries to continue strong fiscal, monetary support
In October, the Fund forecast a 4.4% global GDP contraction for 2020, followed by a rebound to growth of 5.2% for 2021.
- RBI eyes cooling inflation as it defends targeting framework
Consumer price index figures due Tuesday are expected to show a 5 per cent increase in December from a year earlier, returning to the Reser...
- IMF says China recovering fast ahead of most big economies
The recovery is still relying mostly on public support. Private investment has strengthened recently, but consumption is lagging. Growth ra...
- China, Vietnam have shown there is way of dealing with pandemic even in absence of vaccine: IMF
The playbook here is the one that includes local restrictions, rapid testing, rapid tracing and seeing these measures through until the end...
- India's forex kitty surges by $4.4 billion to an all-time high of $585.324 billion
The surge in the reporting week was mainly on the back of an increase in the value of foreign currency assets (FCA) held by the central ban...
- Forex reserves dip by $290 mn to $580.84 bn
In the previous week to December 18, the reserves had surged by USD 2.563 billion to a lifetime high of USD 581.131 billion.
- US dollar share of global reserves slide in Q3: IMF data
Global reserves are assets of central banks held in different currencies and are used primarily to support their liabilities. Central banks...
- India's forex kitty declines by $778 million to $578.5 billion
FCA fell by $1.042 billion to $536.344 billion, the data showed.
- India's forex kitty surge $4.5 billion to a record high of $579.3 billion
The surge in the forex kitty in the reporting week was mainly on the back of an increase in foreign currency assets (FCA), which constitute...
- Forex reserves down $469 mn to $574.82 bn
In the reporting week, the reserves declined despite an increase in foreign currency assets (FCA), a major component of the overall reserve...
- India's forex kitty surges $2.5 billion to a record high of $575.2 billion
The FCA reflects appreciation or depreciation of currencies like the euro, pound and yen held in the foreign exchange reserves, expressed i...
- Forex reserves surge $4.277 bn to record high of $572.771 bn
In the reporting week, the jump in reserves was on account of an increase in foreign current assets (FCAs), a major component of the overal...
- India's forex kitty surge $7.7 billion to a record high of $568.4 billion
In the previous week which ended on October 30, the forex kitty stood at $560.715 billion after increasing by $183 million.
- Pakistan rupee climbs from record low in rally seen ending soon
Stable foreign exchange reserves and a return to current-account surplus for the first time in five years, thanks to record remittances, ha...
- Forex reserves up by $3.378 bn to record $545.038 bn
During the reporting week, the forex kitty rose mainly due to an increase in foreign currency assets (FCA), a major component of the overal...
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