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In the previous week, the reserves surged by USD 3.515 billion to reach USD 446.098 billion. (Photo: PTI)
Forex kitty continues to swell, touches a new high of USD 448 billion
16 Nov 2019 10:44 AM

The country's reserve position with the IMF also decreased by USD 17 million to USD 3.630 billion, the data showed.

In a strongly-worded editorial, the People’s Daily said the United States was holding its own citizens to ransom, without mentioning the latest US decision.
China media says US 'destroying order', after currency-manipulator branding
06 Aug 2019 12:24 PM

The accusation, which followed a sharp slide in the yuan on Monday, has driven an even bigger wedge between the world’s largest economies.

International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender on Tuesday. (Photo:AP)
Christine Lagarde resigns as IMF chief, starting race for her successor
17 Jul 2019 10:28 AM

IMF succession is expected to be a major topic of discussion among G7 finance ministers and central bank governors meeting on Wed.

The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years. In November 2009, it had bought 200 tonnes from the IMF.
Buys 5.6 tonnes gold in April
09 Jul 2019 1:38 AM

The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years.

Board approval will allow immediate disbursement of around USD 1 billion, with the remainder to be phased in over the period of the programme.
IMF board approves USD 6 billion loan package for Pakistan
04 Jul 2019 10:32 AM

Approval will also unlock an additional USD 38 billion from Pakistan’s international partners over the programme period.

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