MUMBAI (Reuters) - With only enough cash in the central bank to pay for seven months of imports, $172 billion (110.93 billion pounds) of debt due in the current fiscal year and weak fund inflows, ...
The Indian rupee's fair value is around 80 against the U.S. dollar, given the country's balance of payment challenges and the Reserve Bank of India's interventions, JPMorgan's head of emerging Asia ...
Money never stops moving across borders. Whether it’s exports, foreign investments, or massive international loans, every ...
This story was updated with new information. Last month, President Donald Trump signed an executive order aimed at reforming and overhauling the Federal Emergency Management Agency (FEMA). He had ...
Discover what basic balance means in economics, its role in balance of payments, and how it helps evaluate a country's inflow ...
(Repeats with no change to text) By Suvashree Dey Choudhury MUMBAI, Aug 12 (Reuters) - With only enough cash in the central bank to pay for seven months of imports, $172 billion of debt due in the ...