MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support...
Tag : IMF
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday....
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability....
Argentina’s opposition calls for Milei’s impeachment after he promoted $LIBRA, a crypto token that surged then crashed, sparking backlash and a government investigation....
South Korea’s foreign reserves increased slightly in December but fell to their lowest year-end level in five years, reflecting currency volatility, according to the Bank of Korea....
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and OECD estimates....
IMF boosts 2024 global growth forecast by 0.2 points to 3.1%, crediting U.S. resilience and Chinese fiscal action....
The IMF reports that 40% of global jobs may be affected by AI, worsening job inequality, coinciding with the World Economic Forum in Davos....
In a recent move to help stabilize Pakistan’s severe economic crisis, the International Monetary Fund (IMF) has sanctioned a nine-month Stand-by Arrangement of US$3 billion. This bailout package, coupled with Saudi Arabia, UAE, and China’s...