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Pakistani rupee plunged to a historic low of Rs.271.35 against the US dollar in the interbank market

Pakistan’s forex reserves barely enough to provide import cover for 18.5 days

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Pakistan's economy nears breaking point as foreign exchange reserves hit rock bottom The foreign exchange reserves held by the State Bank of Pakistan (SBP) have...
Import of luxury goods such as cars, motorbikes above 250 CC, Colour TV above 32 inches, tobacco, and whisky have been halted for the time being to save foreign currency depletion

Nepal imposes ban on imports of luxurious items to save foreign currency and prevent...

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Nepal bans foreign liquor and TVs to avert forex crisis Nepal on Wednesday morning officially announced a ban on the import of cars and other...
Chinese army deployed in large numbers along Ladakh front, has also upped its efforts to boost ground units, Indian FX reserves at $590 Billion, Nike, Coke, American Airlines are the target of ad campaign blasting Woke Politics and more

EP 167: Israel pursuing forceful deterrence against “Hamas”: Netanyahu; India’s FX reserves at $590B

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Sree Iyer: Namaskar. Today is May 20th, 2021 and welcome to Daily Global Insights with Sri and Sree. This is episode number 167. Here...
Top Headlines 1. India surpasses Russia to become the Fourth largest in FX Reserves giving the country much needed strategic advantage at $580 Billion 2. US moves to #2 as the leading supplier of Crude pushing Saudi to Number #4 3. White House weighs Tax Hikes to pay for beyond the $1.9T Stimulus Package 4. Taliban to attend the Russian Hosted Afghanistan meeting, March 18th 5. Wall Street reaches Record highs with optimism around Economy reopening from the Pandemic #Ep119 #DailyGlobalInsights

EP-119: Bidenomix – Tax Peter to Treat Paul? US is India’s #2 Crude supplier,...

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  Sree Iyer: Hello and Namaskar. This is episode number 119 of Daily Global Insights. And I'm with Sridhar Chityala. It's the 16th of March...

Time has started ticking for corrupt Chidambaram? Delhi HC reserves Orders on Interim Protection...

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Denouement near? The corrupt former Finance Minister P Chidambaram’s tricks to evade arrest in the INX Media bribery case seems to be coming to an...
Are High Forex Reserves maintained by RBI a vaccine or disease?

India’s Forex Reserves – a Vaccine or disease?

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I had the opportunity of reading my fellow writer Shubhendu Pathak’s piece on pgurus.com aptly titled One Chart That Justifies Sacking of the RBI...
Will Rising Forex reserves raise India's spirits?

Rising Forex reserves augurs well for India

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Will Rising Forex reserves raise India's economy? The overall foreign exchange reserves (Forex reserves) had increased by $2.54 billion to reach $353.40 million for the...
With Canada selling off all its gold reserves, will others follow suit?

Which country has how much Gold reserves?

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As of March 3, 2016, Canada went from having a billion dollars of gold reserves to zero.1 The 77 ounces of gold left in the...
Increased foreign flow swells India's Forex coffers

Increased foreign flow swells India’s Forex coffers

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PG Staff Mumbai, Oct 24 A Strengthening rupee and increased foreign fund inflows into the equity markets buoyed India's foreign exchange (Forex) kitty by $458 million,...
Already a lot of industries have closed down, and if those industries don't restart soon, some of the losses will be permanent

Pakistan’s economy at risk of collapse; Pak rupee reaches all-time low after devaluation

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Pakistani rupee hits a record low of 255.43 against the US dollar British publication Financial Times has warned that Pakistan's economy is at risk of collapse...

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