The International Monetary Fund is an international organization headquartered in Washington, D.C., consisting of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Read More
Lebanon's Deputy Prime Minister Saade Chami on Monday announced "the bankruptcy of the state and the Central Bank of Lebanon," al-Jadeed local TV channel reported. ...
India's foreign exchange (forex) reserves dipped by $2.03 billion in the week ended March 25, recording a sharp drop for the third consecutive week, as the Reserve Bank of India (RBI) intervened in the currency markets by way of dollar sales to preve ...
Reacting to Pakistan Prime Minister Imran Khan's address to the nation, Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari on Thursday said that the premier has "lost and his government's time is up". ...
Sri Lanka's central bank has warned the money changers who sell foreign currencies at higher exchange rates that their licenses would be suspended or revoked if they go beyond the exchange rates stipulated to them by licensed banks, local media repor ...
Amid a heavy financial crunch and International Monetary Fund (IMF) nudge over February 28 relief package and the March 1 industrial package, Pakistan Finance Ministry on Monday refused to increase subsidy on phosphatic and potash fertilizers. ...