foreign reserves
- Business
Strong dollar dents India’s foreign reserves, forex down by over $11 bn
Mumbai: Global currency fluctuations, due to a rise in US dollar strength, depleted India’s foreign reserve by over $11.173 billion during the week that ended on April 1. The foreign currency assets…
- World
Inflation skyrockets in Sri Lanka; food prices at record high
Colombo: Sri Lanka’s benchmark inflation rate, measured by the National Consumer Price Index, accelerated to 14 per cent in December 2021, up from 11.1 per cent, the government statistics office said on…
- India
India grants financial assistance of over USD 900 million to Sri Lanka
Colombo: India has announced a USD 900 million loan to Sri Lanka to build up its depleted foreign reserves and for food imports, amidst a shortage of almost all essential commodities in…