Browsing: foreign exchange reserves

The Indian rupee’s sharp dive has thrown the spotlight on the daunting challenge authorities face in defending the currency against a soaring dollar and rising capital outflows, raising concerns about just how far intervention efforts can stretch

Argentina’s central bank has announced bold plans to adjust currency bands in step with inflation and focus on boosting foreign reserves. This strategic move is designed to stabilize the peso amid ongoing economic challenges, reports the Buenos Aires Herald

Argentina, often dubbed the IMF’s wild child, has missed its foreign exchange reserve targets but is on the brink of securing a vital waiver. This crucial move aims to propel debt relief talks forward, providing a much-needed lifeline to ease mounting financial pressures