Tag Archives: Reserves

After Sri Lanka, Bhutan In Danger Of Economic Crisis As Forex Reserves Plummet

Bhutan bans import of most vehicles as foreign exchange reserves plummet KATHMANDU: Bhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves, the government said in a notice seen by Reuters on Friday. Nestled between China and India, the country of fewer… Read More »

Forex Reserves Rise To Highest In 3 Weeks On Robust Rupee, Capital Inflow

Forex reserves rose by over $2 billion on significant capital inflows India’s forex reserves rose to the highest in three weeks in the last week of July, supported by robust capital inflows and the rupee’s weakening reversal to sharp gains from 80 per dollar to below 79. The Reserve Bank of India’s weekly supplementary statistical… Read More »