[ad_1] NEW DELHI: A sustained escalation in tension with India could hurt Pakistan’s growth, impact its fiscal consolidation and macroeconomic stability, Moody’s Rating warned on Monday.In contrast, it does not expect a significant impact on India, apart from higher defence spending weighing on govt’s fiscal consolidation plan.Pakistan was on the brink of bankruptcy until the…
[ad_1] MUMBAI: The country’s foreign exchange reserves rose for a third straight week and reached a more than two-year high of $636.1 billion as of March 8, data from the central bank showed on Friday. The reserves jumped by $10.5 billion in the reporting week, the biggest jump since the week ended July 14, 2023….
[ad_1] NEW DELHI: India’s foreign exchange reserves increased by $4.471 billion to $620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about $58 billion to its foreign exchange kitty.Last week, India’s foreign…
