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Showing results for "#worst economic crisis."
Sri Lanka's foreign reserves increase to $3.5 bn
The central bank said it was also able to accumulate a sizeable amount of foreign exchange from the domestic foreign exchange market.
IMF provisionally agrees on $ 2.9 bn loan for crisis-hit Sri Lanka
1 Sept 2022The objective is to restore macroeconomic stability and debt sustainability while safeguarding financial stability, among other factors, it added.
Lanka's top court allows economic crisis case against Rajapaksas
7 Oct 2022The rights group claimed that the respondents named in the petition were directly responsible for the unsustainability of Sri Lanka’s foreign debt,...
Pakistan's fate at stake as rupee plunges: Report
31 Jan 2023The Pakistani currency had to forego 12 per cent of its value, leading to the hike in petrol and diesel prices