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MALDIVES FOREX RESERVES
RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay MalhotraThe Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be und...- As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
- India 'satisfied' with $400 million currency swap that boosted Maldives' FX reservesIndia expressed satisfaction over the USD 400 million currency swap with Maldives, which boosted the island nation's foreign exchange reser...
- Maldives may be heading for debt default akin to Sri LankaMaldives faces potential debt default similar to Sri Lanka, with critical foreign reserves depletion and a substantial debt burden. The gov...
- Dollar-starved Maldives notifies new foreign currency rulesMaldives has introduced new rules requiring all foreign currency earnings from the tourism sector to be deposited in local banks. The regul...
- PM Modi, Maldives President Muizzu seek to strengthen bilateral ties with $400 million supportPrime Minister Narendra Modi and Maldives President Mohamed Muizzu aim to enhance bilateral ties, with India providing significant financia...
- When lame Dhaka democracy winsThe fate of economic and political reforms required in opposition-mukt Bangladesh now gets tricky. It undermines efforts to sustain the cou...
- India-Pak faceoff over terrorism hogs limelight at Shanghai Co-op meetingJaishankar told reporters after a meeting of foreign ministers of the Shanghai Cooperation Organisation in Goa: "They (Pakistan) are commit...
- Former Sri Lanka President Gotabaya Rajapaksa returns to Sri Lanka from DubaiDuring his visit to Dubai, Rajapaksa visited the exotic animal farm called "Fame Park," according to news portal newsfirst.lk. Rajapaksa, 7...
- As more Indians head overseas, forex outflows doubleIndia's reserve cover remains strong, at about 9 months of imports, in September. This is higher than during the "taper tantrum" in 2013, w...
- Falling rupee: What it means for your investment portfolio, study abroad and foreign holiday plansAfter touching 80 to a US dollar, the rupee has pulled back for now, but further fall in value going forward is almost certain.
- View: Tough days ahead for India?The economic impact of the various crises is expected to begin manifesting themselves soon, if governments of those countries fail to addre...
- News from the Island isn't very good for many Indian entitiesThe listed Sapphire Foods, which operates quick service restaurant brands KFC and Pizza Hut in the sub-continent including India and Sri La...
- SAARC nations unveil emergency stimulus packages to tackle COVID-19 economic falloutIndia - the biggest in the 8-member SAARC grouping - responded by unveiling a Rs 1.7 lakh crore ($22.6 billion) economic stimulus plan, pro...
- Sensex, Nifty50 slip into negative territory as Suresh Prabhu starts Rail Budget speechThe fall in the index was led by losses in HDFC, ITC, Infosys, HDFC Bank, and NTPC. The Nifty50 was trading above its crucial support level...
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