CREDIT: www.howmuch.net Here is the Top 10 Countries With Best Foreign Exchange Reserves. Taking a look at Forex reserve by country at various Foreign exchange market, we bring to you the countries that has the highest stack of forex.
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Foreign-exchange reserves (also called Forex reserves) are, in a strict sense, only the foreign-currency deposits held by national central banks and monetary authorities (See List of countries by foreign-exchange reserves (excluding gold)). However, in popular usage and in the list below, it also includes gold reserves, special drawing rights (SDRs) and International Monetary Fund (IMF) reserve position because this total figure, which is usually more accurately termed as official reserves or international reserves or official international reserves, is more readily available. #forex #indiaforex #countrybyforex
Views: 14460 Dr. Top 10
http://illuminatisilver.com http://facebook.com/illuminatisilver Why Foreign Currency Reserves Are Important Today is Sunday 18th December 2016 and we are providing an explanation as to what Foreign Currency Reserves are and why they are important. We are too well aware that many of our subscribers have differing experiences with and knowledge of; markets, foreign currencies and International currency trading issues. So as a guide for those who are perhaps less experienced in these areas we thought we would provide a brief definition and general guide as to what they are why such reserves are important and how various Governments use them. Foreign Currency Reserves (Forex Reserves) is the amount of foreign currencies that are held by the Central Bank of a country. In general use, foreign currency reserves may also include gold and IMF reserves such as SDR’s or Special Drawing Rights. 2 Main Reasons for Holding Foreign Currency Reserves are: 1. To influence the exchange Rate. With large foreign exchange reserves, a country can target a certain exchange rate. For example, suppose a country wanted to increase the value of its currency, it could sell it’s dollar reserves to buy its own currency on the foreign exchange markets. The increased demand for this currency would appreciate its value. An example of the opposite of this happening and to which President-Elect Trump has made reference during the Election campaign, is the case of China who have historically been trying to keep the Yuan undervalued by selling Yuan and buying Dollars thereby improving their export prospects to overseas markets – by flooding them with ‘cheap goods’. This is why China has so many Dollar reserves in excess of $3 trillion worth at the current time. 2. To act as a Guarantor for Liabilities such as External Debt. If a country holds substantial foreign debt, holding foreign currency reserves can help to give more confidence in the country’s ability to pay. If countries have dwindling foreign currency reserves, there is likely to be deterioration in a country’s credit worthiness. There are Problems however in holding Foreign Currency Reserves: 1. Foreign Currency Reserves are rarely sufficient to target a certain exchange rate. If speculators sell heavily, then a currency will fall despite the best efforts of a Central Bank. e.g. In 1992, the UK lost billions of pounds trying to protect the value of Sterling when it was in the Exchange Rate Mechanism. Eventually, the UK authorities had to admit defeat and devalue the pound. This was the time when the much maligned George Soros made a $1 billion in betting against the Bank of England. 2. Inflation Erodes Value. The problem with holding foreign currency reserves is that they can lose their value. Inflation erodes the value of currencies not fixed against gold for example. Therefore, a Central Bank will need to keep buying foreign reserves to maintain the same purchasing power in markets. 3. They may lose Money on Currency Changes. In theory a Central Bank can make money through the appreciation of other currencies it holds. However, many Central Banks have been losing money through the long term decline in the value of the dollar for example, though recently this situation has reversed. Knowing all of this now, hopefully when you hear that a country has embarked on a policy of selling its US Dollar foreign currency reserves, such as China has recently, rather than assuming it’s because it no longer has confidence in that currency, which many of the gold and silver pumpers would have you believe, which admittedly could be one reason, it could also be because it is trying to maintain or prop up the value of its own currency - the Yuan - for which it has exchanged those dollars or even taking profits on some of the reserves it owns, especially when the dollar is gaining strength. Please view our recent videos: Gold and Silver Update w/e 16th December 2016 https://youtu.be/ulTkoUYUoFA Ignore the Dollar Collapse Fear Mongering – Rants Illuminati Silver https://youtu.be/5iOG7-_vvF0 Gold nanotechnology and AMD - Blindness https://youtu.be/jNry9Q8aaQs Fed raises Rates - More to Come - Gold and Silver prices fall https://youtu.be/3NMz7kZf4eA Oil prices Jump 6% – Good News for Gold and Silver prices https://youtu.be/yEPyvytaV5Y Why is Donald Trump upsetting the Chinese Bear? https://youtu.be/tB_f9yO9KsI FED, Gold, Silver, Interest rates and Markets 2016 https://youtu.be/DhUGxJtDmiQ Gold and Silver Update w/e 9th December 2016 https://youtu.be/1QX6134XbPU Why Silver May Outshine Gold (cont.) https://youtu.be/tWqrbebJuZ4 ECB Extends QE but Tapers it – Gold prices rise in Euro terms. https://youtu.be/DaOKkkEn-Ug Financial Armageddon – The Final Days https://youtu.be/CNl3RCMSpOo
Views: 13613 Illuminati Silver
For a country's economic well being, foreing currency reserves play an important role. A nation's economy can grind to a halt with no sufficient reserves. To maintain foreign currency reserves becomes vital for a country's economic health. According to International Monetary Fund (IMF), foreign currency reserve assets are an external assets that a nation's monetary authority can utilise to meet balance of payments financing needs. Majority of the nations hold the greater part of their foreign currency reserves in US dollars. China (excluding Hong Kong, Macau and Taiwan - considered to be sovereign states) has the highest foreign currency reserves with over two and half times more than the second largest reserve holder, Japan. India holds the number eigth position whose forex reserves surged by $2.604 billion to reach an all-time high of $400.726 billion. Asian countries dominate the ranks of the highest foreign currency reserves. United Kingdom is at number 15 with forex reseves of $163.503 billion as of March 2016 and the United States holds the 23rd rank with forex reserves of $116.184 billion as of November 2016. Both the countries are not in the top ten list. Here are top ten countries with the highest forex reserves assets as of September 2017. All reserve assets are given in billions of US dollars. (Source: http://data.imf.org) 1. CHINA : China holds the number one postion excluding Hong Kong, Macau and Taiwan. The official forex reserves is $3,056.789 billion as of June 2017. 2. JAPAN : The second is Japan with $1,249.847 billion forex reserves as of June 2017. 3. SWITZERLAND : Switzerland is the third nation with $786.172 billion forex reserves as of July 2017. 4. SAUDI ARABIA : Fourth is the Saudi Arabia and the forex reserves asssets is $487.000 billion as of May 2017. 5. TAIWAN : Taiwan area, Republic of China holds the fifth position with $440.253 forex reserves as of May 2017. 6. RUSSIA : Russia becomes the sixth nation with $427.300 billion forex reserves as of September 2017. 7. HONG KONG : Hong Kong, China is the seventh nation with $413.300 forex reserves as of July 2017. 8. INDIA : India is the eight nation. The forex reserves surged by $2.604 billion to reach an all-time high of $400.726 billion. This data is as of September 2017 9. SOUTH KOREA : South Korea is the ninth nation with forex reserves of $378.469 billion as of June 2017. 10. BRAZIL : Brazil holds the tenth spot with forex reserves of $377.472 billion as of June 2017.
Views: 6514 Defence News
China has the largest forex reserves in the world. For More Videos Visit: http://www.indiatvnews.com/video Facebook: www.fb.com/indiatvnews Twitter: www.twitter.com/indiatvnews Download India TV News App * Android: https://goo.gl/WhS98j * iOS: https://goo.gl/1c1uEz
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In this video, we are going to learn about Foreign Exchange Reserves, foreign exchange market - how it works, who are the participants and how it affects import and export, we will also understand the reason behind China-US trade war and many other interesting questions related to foreign exchange with respect to India (devaluation of currency, rupee appreciation and depreciation). Stick around this video is going to be interesting. #forex #ChinaUStradewar #China #USA #Rupeeappreciatedepreciate #economics ***Time stamp*** 1. Definition of Foreign Exchange Reserve @ 0:22 2. How Foreign Exchange Market works @ 1:05 3. Participants in Foreign Exchange Market @ 2:16 4. Role of Reserve Bank of India @ 4:29 5. The most important reason behind holding foreign currency reserve @ 6:02 6. Why do countries keep the value of their domestic currency lower than the dollar @ 6:42 7. And how do they do it @ 7:25 8. Summary of China - United States trade war @ 7:28 9. What does it mean when the Rupee becomes stronger or weaker against some currency @ 9:25 10. Why can't India devaluate the Rupee just like China @ 10:54 11. What can the Reserve Bank of India and Government of India can do to make the Rupee stronger @ 11:50 12. Why the Government of India is increasing the oil prices despite weaker rupee @ 12:36 Fill this feedback form for a better learning experience https://goo.gl/vrYPBw Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta Maps and sketches can be found on the instagram account search for "geographysimple"
Views: 9177 Amit Sengupta
From Classical economic theory, those who ignore the effects of long run trade deficits may be confusing David Ricardo's principle of comparative advantage with Adam Smith's principle of absolute advantage, specifically ignoring the latter. The economist Paul Craig Roberts notes that the comparative advantage principles developed by David Ricardo do not hold where the factors of production are internationally mobile. Global labor arbitrage, a phenomenon described by economist Stephen S. Roach, where one country exploits the cheap labor of another, would be a case of absolute advantage that is not mutually beneficial. In 2010, economist Ian Fletcher authored a significant work entitled, Free Trade Doesn't Work: What Should Replace It and Why, where he has supported a strategic approach to trade rather than an unconditional or unilateral approach. http://en.wikipedia.org/wiki/Trade_deficit Foreign-exchange reserves (also called forex reserves or FX reserves) are assets held by central banks and monetary authorities, usually in different reserve currencies, mostly the United States dollar, and to a lesser extent the Euro, the Pound sterling, and the Japanese yen, and used to back its liabilities, e.g., the local currency issued, and the various bank reserves deposited with the central bank, by the government or financial institutions. Central banks throughout the world have sometimes cooperated in buying and selling official international reserves to attempt to influence exchange rates and avert financial crisis. For example, in the Baring crisis (the "Panic of 1890"), the Bank of England borrowed GBP 2 million from the Banque de France. The same was true for the Louvre Accord and the Plaza Accord. More recently, the Fed organized Central bank liquidity swaps with other institutions. During the crisis of 2008, developed countries authorities adopted extra expansionary monetary and fiscal policies, which led to the appreciation of currencies of some emerging markets. The resistance to appreciation and the fear of lost competitiveness led to policies aiming to prevent inflows of capital and more accumulation of reserves. This pattern was called Currency war by an exasperated Brazilian authority. The IMF  proposed a new metric to assess reserves adequacy in 2011. The metric was based on the careful analysis of sources of outflow during crisis. Those liquidity needs are calculated taking in consideration the correlation between various components of the balance of payments and the probability of tail events. The higher the ratio of reserves to the developed metric, the lower is the risk of a crisis and the drop in consumption during a crisis. Besides that, the Fund does econometric analysis of several factors listed above and finds those reserves ratios are generally adequate among emerging markets. Reserves that are above the adequacy ratio can be used in other government funds invested in more risky assets such as sovereign wealth funds or as insurance to time of crisis, such as stabilization funds. If those were included, Norway, Singapore and Persian Gulf States would rank higher on these lists, and United Arab Emirates' estimated $627 billion Abu Dhabi Investment Authority would be second after China. Apart from high foreign exchange reserves, Singapore also has significant government and sovereign wealth funds including Temasek Holdings, valued in excess of $145 billion and Government of Singapore Investment Corporation, valued in excess of $330 billion. In a strict sense, foreign-exchange reserves should only include foreign currency deposits and bonds. However, the term in popular usage commonly also adds gold reserves, special drawing rights (SDRs), and International Monetary Fund (IMF) reserve positions. This broader figure is more readily available, but it is more accurately termed official international reserves or international reserves. http://en.wikipedia.org/wiki/Foreign_exchange_reserves
Views: 2676 Way Back
These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies (i.e. the U.S. dollar, the Euro, the Japanese yen and the Pound sterling) and which are used to back its liabilities (i.e. the local currency issued and the various bank reserves deposited with the central bank by the government or financial institutions). Before the end of the gold standard, gold was the preferred reserve currency. Some nations are converting foreign-exchange reserves into sovereign wealth funds, which can rival foreign-exchange reserves in size. The list below is mostly based on the latest available IMF data and includes both sovereign states and non-sovereign territories (such as Hong Kong and Macau, which are under the sovereignty of the People's Republic of China). While most nations report in U.S. dollars, a few nations in Eastern Europe report solely in Euros. And since all the figures below are in U.S. dollar equivalence, exchange rate fluctuations can have a significant impact on these figures.
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China’s large amount of reserves is linked to its aging population.
Views: 3538 Federal Reserve Bank of St. Louis
In this video i have explained about foreign reserves in a layman language so that you people can easily understand the concept of foreign reserves and its purpose . AND don't forget to like our videos and subscribe to our channel so that you don't miss the important topics.for any query leave comment in comment section ...
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Watch Latest Business News & Updates ►http://bit.ly/2k07A0H In this edition of Macros With Mythili, ET NOW looks at the curious problem of plenty! India's forex reserves have touched $ 400 bn, more than what most advanced economies hold. Our consulting editor Mythili Bhusnurmath weighs the costs of holding such humongous reserves and is it commensurate with the benefits. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► http://goo.gl/5XreUq Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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What Is Foreign Reserves - Pakistan Foreign Reserves And Currency Value Decrease Day By Day Subscribe channel for getting more and valuable videos Facebook Page : https://www.facebook.com/smmarufun/
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Breaking News - Pakistan doesn't have enough foreign exchange reserves to pay debts: Moody's Pakistan does not have enough foreign exchange reserves to pay its public and private external debt due over this year, a report by Moody’s said on Thursday. “Foreign exchange reserves are low, and gross borrowing requirements are large in Pakistan and Sri Lanka, threatening the ability of these governments to refinance debt and fund deficits affordably,” Moody’s Investors Service said in its report. The credit rating agency said the total public and private external debt due over the next year is larger than foreign exchange reserves. #GEONEWS #GEOBREAKINGNEW
Views: 3123 Geo News
Foreign exchange reserves exceed 15 billion dollar after getting 1 billion dollar each by Saudi Arabia & UAE Public News Pakistan keeps you fully updated of the latest and major happenings in Pakistan and around the globe in the form of breaking news, bulletins, well-equipped talk shows. Public TV Pakistan serves as your ultimate news guide. If you’re unable to tune into Public News on your cable, then send us your complaints with your full name, address, cable operator’s name Message or Whatsapp us on this number 0331-5119959 Public News Official facebook page https://www.facebook.com/PublicNewsDotCom/ Youtube Channel https://www.youtube.com/publicnewsdotcom Twitter https://twitter.com/PublicNews_Com Live streaming https://www.youtube.com/c/PublicNewsDotCom/live Public News Programs Watch 2 TOK with Chaudhry Ghulam Hussain & Saeed Qazi https://www.youtube.com/playlist?list=PLTRkyO4YynsylQosWxro8zYcBe-ymQvzx Gar Tu Bura Na Mane https://www.youtube.com/playlist?list=PLTRkyO4Yynsx_h2VgWL0PTAx0ohBKmpZG Public Opinion https://www.youtube.com/playlist?list=PLTRkyO4YynszzU8USppDvlKyqRqLpwrGh Bayaniah https://www.youtube.com/playlist?list=PLTRkyO4Yynsy10mIcYGTX9_lWYA5G2j5B Riyasat Aur Awam https://www.youtube.com/playlist?list=PLTRkyO4YynsyBAym590bb89WI_ZK3EnjT Khabr Garm Hai https://www.youtube.com/playlist?list=PLTRkyO4Yynszg836GZs4Bawtz2lpH98HT Press conferences https://www.youtube.com/playlist?list=PLTRkyO4Yynsy7CdM4kFqD3_Pk-uFAL3nH Dialogue https://www.youtube.com/playlist?list=PLTRkyO4YynswvHYbvbeAmEjIZvbD6Fol2 Speeches https://www.youtube.com/playlist?list=PLTRkyO4YynszNdKIqLU4RGKzR0ffBm_Cv Team Members: Chaudhry Ghulam Hussain | Saeed Qazi | Zulfiqar Rahat | Ehtisham ul Haq | Farha Sadia | Owais Tohid | Sundas Khan | Haider Mehdi | Faisal Qureshi | Owais Tohid | Muhammad Ali Durrani | Muzamal Suharwardy | Dr Umar Adil | Jawad Waseem | Gulfam | Shahid Khan | Dr Arooba | Chand Baral | Basit Ali Other Pakistani News Channels Geo News live | Ary News live | Samaa News live | 92 News Live | Express News Live | Dunya News Live | Hum News Live | GNN News Live | Dawn News Live | Aap News Live | Live From National Assembly | National Assembly Session LIVE | BOL NEWS LIVE STREAM | National Assembly Pakistan today Live | latest News Live | Latest news today | live streaming | live update Pakistan | Breaking News | YouTube Live Stream | senate ijlas LIVE | Live from Senate Session #Pakistan #PublicNews #PublicNewsPakistan #PublicNewsLiveStreaming
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Our 3rd video of this season. One of the lot to come. List of top 20 countries by a Foreign reserve.We can observe that the list is dominated by Asian countries, although some of the European countries like Switzerland also hold a vast amount of foreign reserve
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Impact of Fall in China's Foreign Exchange Reserves On this week's UPFRONT, we are joined by Shin Se-don, Professor of Economics at Sookmyung Women's University and Chung Sam-young, Professor of Finance at Long Island University to take an in-depth analysis on the impact of China's foreign exchange reserves which has edged below 3 trillion U.S. dollars. '중국 외환보유액 3조 달러 붕괴, 국내외 미치는 영향은?' 이번 주 UPFRONT에서는 신세돈 / 숙명여자대학교 경제학부 교수, 정삼영 / 서울과학종합대학원 금융대학원장을 모시고 중국의 외환보유액 3조 달러 붕괴가 국내외 경제에 미치는 영향에 대해 토론해봅니다. Visit ‘Arirang Issue’ Official Pages Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
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Abbtakk delivers the latest headlines news and information on the latest top stories from Pakistan and around the world on weather, business, entertainment, politics, sports and more. For in-depth analysis on news visit website www.abbtakk.tv OR watch at live.abbtakk.tv
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You’ve heard this a thousand times: the American dollar is the World’s reserve currency, the hegemonic currency in the planet. However, what does it really mean that the dollar is the hegemonic currency? I mean… how does the United States benefit from having a currency that is been used for the international trade? Is it really that important? Really? And the most important thing of all… Could the American Dollar loose its status? Could it be replaced by other currencies like the EURO or the Chinese YUAN? Support us on Patreon! www.patreon.com/visualpolitik And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/
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► Subscribe to FT.com here: http://on.ft.com/2eZZoLI China’s foreign exchange reserves fell nearly $70bn last month as the country’s central bank burnt through more of its war chest in its battle to defend the renminbi from greater depreciation on the back of accelerating capital outflows ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 2622 Financial Times
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Views: 22077 Satya Shivam
Why Countries Keep Forex Reserves. Jayant Manglik, President of Retail Distribution at Religare Securities Limited, answers this question in this video. Visit www.religareonline.com to know more.
Views: 10374 Religare
India’s foreign-exchange reserves rose past $400 billion for the 1st time ever, strengthening policy makers’ buffers ahead of an expected reduction in United States stimulus. Watch this video for more details. भारत का विदेशी मुद्रा भंडार रिकॉर्ड स्तर पर पहुंच गया है। शुक्रवार को विदेशी मुद्रा भंडार 400 अरब डॉलर यानी 25.66 अरब रुपये को पार कर गया है। 8 सितंबर को विदेशी मुद्दा भंडार में सबसे तेज उछाल देखने को मिला। पूरी खबर जानने के लिए देखें ये विडियो | -------------------------------------------------------------------------------------------------------------- Subscribe to OneIndia Hindi Channel for latest updates on movies and related videos. You Tube: https://www.youtube.com/channel/UCOjgc1p2hJ4GZi6pQQoXWYQ Follow us on Twitter : https://twitter.com/oneindiaHindi Like us on Facebook : https://www.facebook.com/oneindiahindi Join our circle in Google Plus : https://plus.google.com/u/0/b/118156146313394866739/+oneindiahindi Download App: https://play.google.com/store/apps/details?id=in.oneindia.android.tamilapp
Views: 5389 Oneindia Hindi | वनइंडिया हिन्दी
How and why a central bank would build foreign currency reserves Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/currency-reserves/v/using-reserves-to-stablize-currency?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/why-current-and-capital-accounts-net-out?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 127617 Khan Academy
Here is the list of Top 10 Countries With Highest Foreign Reserves In The World. If you like this video, then please subscribe to our channel and share your opinions about Top 10 Countries With Highest Foreign Reserves In The World in the comment box. You can also share this video with your friends using facebook, twitter and whatsapp! 10. India 9. Hong Kong 8. Republic Of Korea 7. Brazil 6. Taiwan 5. Russia 4. Switzerland 3. Saudi Arabia 2. Japan 1. People’s Republic of China Disclaimer : This channel claims no credit for any images posted in this video unless otherwise noted. Images used in this video are copyright to its respectful owners. If there is an image appearing in this video that belongs to you and you do not want it to appear in this video, please contact us via email and it will be promptly removed.
Views: 919 Social Feed
Foreign exchange reserves held by the central bank continued to spiral downwards for the 12th successive week as they fell 2.55% on a weekly basis, according to data released on Thursday. The continued drop in the reserves is alarming as it raises concern about Pakistan’s ability to meet its financing requirements because the reserves have fallen below the $7.5-billion mark. Although the Saudi government has recently assured Pakistan that the promised $3-billion financial assistance will be released in coming days, the impact is yet to be seen. On the other hand, Chinese Embassy Deputy Head of Mission Zhao Lijian has also assured Pakistan of a financial package to boost its flagging foreign currency reserves, hinting that it would be bigger than that pledged by Saudi Arabia in terms of financial grant. Meanwhile, talks between the International Monetary Fund (IMF) and the finance ministry are going on for a possible bailout to help address Pakistan’s economic challenges. On November 9, the foreign currency reserves held by the State Bank of Pakistan (SBP) were recorded at $7,482.9 million, down $196 million compared with $7,678.9 million in the previous week. The decrease was attributed to external debt servicing and other official payments. Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $13,832 million. Net reserves held by banks amounted to $6,349.1 million. A month ago, China agreed to immediately give a loan of $2 billion to Pakistan, a move meant to arrest the slide in foreign currency reserves and provide much-needed breathing space for the new government. Earlier, the reserves dipped to $9.06 billion, forcing the central bank to let the rupee depreciate massively for the fourth time since December 2017 and sparking concern about the country’s ability to finance a hefty import bill as well as meet debt obligations in coming months. In April, the SBP’s reserves increased $593 million due to official inflows. A few months ago, the reserves surged due to official inflows including $622 million from the Asian Development Bank (ADB) and $106 million from the World Bank. The SBP also received $350 million under the Coalition Support Fund (CSF) earlier. In January, the SBP made a $500-million loan repayment to the State Administration of Foreign Exchange (SAFE), China. Source :- Tribune.com.PK Disclaimer- This channel is for defence related news worldwide . We try to give you true news related to each and every aspects of defence . It is either country, defence weapon, air Force, army ,navy, military or anything we will try to fully explain . The content specially news we upload are taken from various news channels and media houses . we never claim it is 100 % on our behalf but we try to deliver you exact without rumours . our news is specially related to india . As India is a growing country specially in defence under narendra modi BJP government . Channel Link: https://www.youtube.com/DefenceTube Facebook Link: https://www.facebook.com/defencetube Twitter Link : https://twitter.com/DefenceTube Check my all playlist : https://www.youtube.com/defencetube/playlist
Views: 2737 Defence Tube
China has lent Pakistan $1 billion to boost the South Asian country’s plummeting foreign currency reserves. The lending is the outcome of negotiations for loans worth $1-$2 billion. The World is One News, WION examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Google Plus: https://plus.google.com/+WIONews
Views: 1619 WION
Look Inside My Book!: http://book.themoneygps.com ******************************************************************** My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Tools You NEED to Prepare for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** Sources: "A Brief History of Bretton Woods System - TIME" http://content.time.com/time/business/article/0,8599,1852254,00.html "Yuan to supersede dollar as top reserve currency: survey" http://www.cnbc.com/id/101450365 "Lew Signals Yuan Not Ready for IMF Blessing as Reserve Currency - Bloomberg Business" http://www.bloomberg.com/news/articles/2015-03-31/lew-urges-china-to-ease-capital-controls-to-widen-yuan-s-use "Internationalization of the renminbi - Wikipedia, the free encyclopedia" http://en.wikipedia.org/wiki/Internationalization_of_the_renminbi
Views: 39027 The Money GPS
Foreign Exchange. Foreign exchange, or Forex, or FX is the conversion of one currency into that of another. Foreign exchange markets The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. The main participants in this market are the larger international banks and various Financial centres. Exchange rate An exchange rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in relation to another currency. For example, an RBI exchange rate of 64 Indian Rupee to the United States dollar means that ₹64 will be exchanged for each US $1 or that US$1 will be exchanged for each ₹64. Spot Exchange Rate - The spot exchange rate refers to the current exchange rate. The forward exchange rate- The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. 1 Fixed Exchange Rate 2 Floating Exchange Rate Factors That Influence Exchange Rates Balance Of Payment. Interest Rates Inflation Rate Foreign Reserves Devaluation Of Currency Etc..
Views: 14749 Know Economics
Bangladesh’s foreign exchange reserves cross $33 billion. Reserves grew 10.5 percent to $33.02 billion on Thursday from a year ago, Subhankar Saha, a spokesman for Bangladesh Bank, told bdnews24.com, higer than Pakistan, Bangladesh's foreign exchange reserves, today bangla news, bangla news today, latest bangla news, Bangladesh latest news, bangla tv talk show, ajker bangladesh, jonotrontro gonotontro, latest talk show, foreign exchange, Bangladesh, Sheikh Hasina, Bangladesh Awami League, Awami legue, টক শো, bangladesh economy, bangladesh economy future, bangladesh economy vs pakistan economy, bangladesh economy vs indian economy,. #bangladesh_development #bangladesh_gdp #bangladesh_per_capita_income #bangladesh_export #bangladesh_power_generation
Views: 78317 জয় হবেই তোমার
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Foreign currency reserves in the developing world are waning with potentially big implications for the west. The FT’s James Kynge and Jonathan Wheatley discuss why the reserves are shrinking and what it could mean for the global economy. ► FT Markets: http://bit.ly/1J5HNd3 ► FT Global Economy: http://bit.ly/1J5mmqH The latest global markets overview http://www.ft.com/markets Click here for more FT Markets videos http://video.ft.com/Ft-Markets For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 573 Financial Times
India's forex reserves touch record highs. Reserves top $400 billion for the first time ever. Record forex to strengthened policy makers' buffers. Watch to know more. World is One News, WION examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us at our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Google Plus: https://plus.google.com/+WIONews
Views: 839 WION
Why has China decided to open up their financial system now by (finally) allowing up to 51% ownership allowed by foreign investors? http://www.zerohedge.com/news/2017-11-10/chinas-big-bang-bombshell-opens-financial-sector-foreign-ownership-why-now Jason Burack of Wall St for Main St says China is doing this because the normally opaque Chinese government desperately needs the influx of US Dollars and foreign capital. This would be the bailout before the REAL major bailout. Using other people's money (OPM) for a bailout is preferred by the Chinese before they do a major RMB devaluation in the near future. Also, given how China's current government is normally not very transparent about much of anything, it is VERY highly unusual for high ranking Chinese Communist Party officials and high ranking members of the People's Bank of China (PBOC) to give public warnings and talk about Minsky moments, credit bubbles, and unsustainable levels of debt in their financial system. Other experts like Kyle Bass, Daniel Lacalle https://mises.org/wire/crisis-or-stagnation-why-china-cannot-deleverage, and Louis Cammarosano of Smaulgld https://smaulgld.com/chinas-gold-save-debt-collapse/ just to name a few also agree that China does NOT have enough foreign exchange reserves from many years of trade surpluses and physical gold to cover their enormous credit bubble, which according to the PBOC website now stands around 220 trillion RMB ($40 trillion US Dollars) in size. What do you think China will do to handle this credit bubble? RMB devaluations? Massive bailouts? Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 33 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected]
Views: 3255 WallStForMainSt
Check out these 10 countries with the largest gold reserves in the world! This top 10 list features some of the richest and wealthiest countries on earth that have tons of gold bars stacked up somewhere! Subscribe For New Videos! http://goo.gl/UIzLeB Watch our "SURPRISING And Interesting Facts About Money!" video here: https://youtu.be/ONpChSPqVc4 Watch our "Most AMAZING Discoveries With A Metal Detector!" video here: https://youtu.be/45JveYKafVo Watch our "Most EXPENSIVE Diamonds In The World!" video here: https://youtu.be/RcZATf3Lmb0 10.) India According to the World Gold Council, the Bank of India currently holds 557.7 tons of gold. It is one of the largest stores of gold in the world! This makes up 9.9 % of the country’s total foreign reserve. Foreign exchange reserves is money or other assets held by a nation’s central bank so they can back the national currency. India, home to 1.25 billion people, is the number one largest consumer of the precious metal. Furthermore, India is one of the most reliable drivers of global demand. For example, India’s festival and wedding season, which runs from October to December, has historically been a major market for gold. And probably, one of the most interesting facts about India and gold is that India rarely invests much in gold. This is because as a country, India operates under the belief that buying gold leads to a deficit. And their belief must be proving right as things also seem to be improving for India. For instance, if you look at the last few years, India has increased its gold reserves from 557.74 to 557.77. While this might not seem like a lot, India is also at its highest point in history! In addition to what the country holds, Indian households which are considered the world’s largest hoarders of gold, hold a record 23,000-24,000 tons, which is worth about $800 billion. 9.) Netherlands In the past few years, the Netherlands has held 52% of its foreign reserve in gold. The Netherlands has a reported 612.45 tons. In 2016 it was reported that the bank was looking for a place to store all its gold because they were going to renovate the vaults and needed to moving it. The Dutch central bank is planning to move the country’s gold reserves from the center of Amsterdam to a new complex called the Cash Center. Like most countries, Dutch gold is also held in banks around the world to reduce risk. Security measures to guard the gold 24/7 have become a problem in Amsterdam. 189,000 kilos of gold will be moved at the beginning of 2022. Maybe this is one reason that over the last decade and a half, the Netherlands was selling off tons of gold in order to reduce its reserve. However, there weren’t that many buyers out there and they sold less than the country wanted. More recently the country has had less ambition to sell gold. Currently, the country holds the same amount of tons, 612.45 that they have over the last few years. However, the country has increased its percentage of foreign reserves to 61.2 %. 8.) Japan Japan is another country which had been increasing its gold reserves since the 1960’s. Their official gold holdings were reported at 765.2 tons. About 2.4% of Japan’s gold today is in foreign reserve. Historically, Japan has always held a bit more gold than other countries. This was true until 2011, when they began to sell some of their reserve in order to pump money into the economy after the tsunami and the following Fukushima nuclear disaster. But even with selling, Japan’s central bank has been one of the most aggressive practitioners of quantitative easing. For example, in January of 2016, it lowered interest rates below zero, which has helped fuel demand in gold around the world. 7.) Switzerland Prior to 1997, Switzerland was steadily building its gold reserves. In 1997, the decision was made to sell some of those reserves to bolster the Swiss currency and diversify the foreign reserves. The percent of foreign reserves in Switzerland is currently 6.7 %. Switzerland actually has the world’s largest reserves of gold per capita and currently has reported 1,040 tons. Over time, many citizens in the country started to feel like the bank was getting rid of too much gold. They then banded together with the “Save the Swiss” movement. However, once everyone was able to vote in 2014, the vote came to a no, and gold continued to be sold. During World War II, Switzerland became the center of the gold trade in Europe, making transactions with both the Allies and Axis powers. Today, much of its gold trading is done with Hong Kong and China. Around last year, the Swiss National Bank made a $5.9 billion profit, reportedly from its gold holdings. Origins Explained is the place to be to find all the answers to your questions, from mysterious events and unsolved mysteries to everything there is to know about the world and its amazing animals!
Views: 2086977 Origins Explained
China’s foreign exchange reserves have plunged by a record amount in August, after the central bank sold down some of its stockpile to support its falling exchange rate. According to the central bank, the reserves declined by 93.9 billion dollars by the end of last month, the biggest decline in more than three years. Nevertheless, China’s foreign currency reserves remain by far the world's largest. The decline accelerated after Beijing devalued the yuan on August 11 as part of efforts to make the state-set exchange rate more market-oriented. Meanwhile, China’s exports also fell 6.1 percent year-on-year in August. China is the world’s biggest trader in goods and exports have been a major driver of its decades-long economic boom. Live @ http://www.presstv.ir/live.html Twitter @ http://twitter.com/PressTV LiveLeak @ http://www.liveleak.com/c/PressTV Facebook @ http://www.facebook.com/PRESSTV Google+ @ http://plus.google.com/+VideosPTV Instagram @ http://instagram.com/presstvchannel
Views: 465 PressTV
Foreign exchange reserves held by the central bank continued to spiral downwards for the 13th successive week as they fell 2.62% on a weekly basis, according to data released on Thursday. The continued drop in the reserves is alarming as it raises concern about Pakistan’s ability to meet its financing requirements because the reserves have fallen below the $7.5-billion mark. Although the Saudi government has released $1 billion under the promised $3-billion financial assistance, the impact is yet to be seen. On the other hand, Chinese Embassy Deputy Head of Mission Zhao Lijian has assured Pakistan of a financial package to boost its flagging foreign currency reserves, hinting that it would be bigger than that pledged by Saudi Arabia. On November 16, the foreign currency reserves held by the State Bank of Pakistan (SBP) were recorded at $7,286.5 million, down $196.4 million compared with $7,482.9 million in the previous week. The decrease was attributed to external debt servicing and other official payments. The SBP received $1 billion on November 19 as placement of funds by Saudi Arabia, after which the SBP’s reserves stood at $8,293.9 million and total liquid foreign reserves at $14,722.4 million, the release added. Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $13,715 million. Net reserves held by banks amounted to $6,428.5 million. A month ago, China agreed to immediately give a loan of $2 billion to Pakistan, a move meant to arrest the slide in foreign currency reserves and provide much-needed breathing space for the new government. Earlier, the reserves dipped to $9.06 billion, forcing the central bank to let the rupee depreciate massively for the fourth time since December 2017 and sparking concern about the country’s ability to finance a hefty import bill as well as meet debt obligations in coming months. In April, the SBP’s reserves increased $593 million due to official inflows. A few months ago, the reserves surged due to official inflows including $622 million from the Asian Development Bank (ADB) and $106 million from the World Bank. The SBP also received $350 million under the Coalition Support Fund (CSF) earlier. In January, the SBP made a $500-million loan repayment to the State Administration of Foreign Exchange (SAFE), China. Source :- Tribune.com.PK Disclaimer- This channel is for defence related news worldwide . We try to give you true news related to each and every aspects of defence . It is either country, defence weapon, air Force, army ,navy, military or anything we will try to fully explain . The content specially news we upload are taken from various news channels and media houses . we never claim it is 100 % on our behalf but we try to deliver you exact without rumours . our news is specially related to india . As India is a growing country specially in defence under narendra modi BJP government . Channel Link: https://www.youtube.com/DefenceTube Facebook Link: https://www.facebook.com/defencetube Twitter Link : https://twitter.com/DefenceTube Check my all playlist : https://www.youtube.com/defencetube/playlist
Views: 13897 Defence Tube
China's reserves are so big to keep the Yuan stable for exports to have the buying dollar asset remains. (The Trade)
Views: 1461 Bloomberg
Mandarin/Nat China's foreign exchange reserves, the world's second-largest after Japan, grew by 730 (m) million U-S dollars in the first three months of the year to 140.6 billion (b) U-S dollars at the end of March. The news was announced at the World Economic Forum 1998 China Business Summit in Beijing on Tuesday. The announcement of the increase in China's foreign exchange reserves was made by Zhu Guangya, vice-chairman of the People's Political Consultative Conference. He addressed a group of local and foreign investors boasting the 730 (m) million U-S dollar increase. The figure stood at 140.6 billion (b) U-S dollars at the end of March. In the past weeks, there had been speculation in China that the currency would be devalued in the next year and a half. But Zhu denied this. He said China's large foreign reserves, sound official debt ratio and strong export growth have turned China into an "oasis" amid the recent Asian financial crisis. SOUNDBITE: (Mandarin) "Our aim is not to devalue the RMB (Ren Ming Bi) and that is for the overall good of the region. We know this will weaken the competitive position of our commodities' exporters. It will result in profit losses for companies. But if the RMB is devalued, it would effect all countries in the region of Southeast Asia, and eventually it will effect the world." SUPER CAPTION : Zhu Guangya, vice chairman of People's Political Consultative Conference China's central bank governor, Dai Xianglong, predicted earlier this year that growth in China's money supply for 1998 would be similar or slightly lower than last year's growth. At the conference, Dai said the government would be extending powers to some of China's authorised banks. SOUNDBITE: (Mandarin) "From now on, not only the Central Bank can make decisions on loan projects, even authorised banks in China can do so, too." SUPER CAPTION : Dai Xianglong, central back governor of China Officials also announced several new investment plans and said it was going to protect the banking system by restructuring it to prevent any further damage to the economy. A $32.5 (b) billion bond will be introduced to help banks re capitalise. But the rise in foreign exchange reserves has been met with some criticism. Li Lan Qing, Premier of State Council for China is sceptical of the current state of the RMB and says the worry over the financial situation is not over yet. SOUNDBITE: (Mandarin) 'We are going to have to pay the price for not letting the RMB devalue." SUPER CAPTION: Li Lan Qing, Vice Premier of State Council for China Financial analysts say China is concentrating on not allowing the currency to devalue in order to show leadership in South Asia. The World Economic Forum ends on Wednesday - China says it hopes the conference will encourage more of its lost investment back into the country and get them back on the road to recovery. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/757552495b57fc4195b5bd192be658a2 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 47 AP Archive
what is foreign exchange money in hindi विदेशी मुद्रा भंडार | foreign-exchange reserves in india | dollar vs rupya | india vs china vs japan. IN HINDI 2017 | 400 millions dollar भारतीय विदेशी मुद्रा भंडार 401 अरब डॉलर विदेशी मुद्रा भंडार में डॉलर के लगातार बढ़ने से सात सितंबर तक यह 400 अरब डॉलर के स्तर को पार कर सकता है. ... चार अगस्त को समाप्त हुए सप्ताह में यह 58.11 करोड़ डॉलर बढ़कर 393.448 अरब डॉलर के रिकॉर्ड स्तर पर पहुंच गया था नमस्कार दोस्तों ये वीडियो पसंद आया हो तो वीडियो को like,share और ShivayTech channel को subscribe करना न भूलियेगा। watch my latest video here, www.youtube.com/shivaytech India's foreign exchange (Forex) reserve assets (FCA) stand at $377.751 billion, gold reserves at $20.691 billion, SDRs (Special Drawing Rights with the IMF) of $ 1.512 billion and $2.291 billion reserves in IMF leading to total Forex reserves of US$ 402.246 billion as on September 22, 2017, as per Reserve Bank of ... source; https://en.wikipedia.org/wiki/Foreign_exchange_reserves_of_India
Views: 10397 Shivay Tech
The Fund report estimates that net international reserves, the figure we get after deducting key short-term liabilities as well as money owed to the IMF from the gross foreign exchange reserves, is now negative $0.7bn. Back in 2016, when the last Fund programme ended, the same figure stood at $7.5bn. This is a very large decline, even though the gross reserves are still sufficient to cover just over two months of imports, above critical levels but below the benchmark for sustainability, which is four months. The decline appears to be driven by a fall in the gross foreign exchange reserves since September 2016 as well as a doubling of the State Bank’s own short-term liabilities in the form of forwards and swaps.
Views: 9906 Moviebeats
China's foreign exchange reserves stood at 3.11 trillion U.S. dollars in August, down 0.26 percent, or 8.2 billion U.S. dollars from a month earlier, according to data from the People's Bank of China The World is One News, WION examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Google Plus: https://plus.google.com/+WIONews
Views: 700 WION
Pakistan foreign exchange reserves have declined to below $7 billion despite the fact that country received two billion dollars from Saudi Arabia recently. The country's foreign exchange reserves have declined to $6.9 billion during the week ended on January 11, 2019. The State Bank of Pakistan held reserves have reduced by $147 million in just one week period mainly due to loan repayment and other financings. The current reserves are enough to cover only six weeks imports bill of the country. The reserves are sharply declining despite the fact that government had received two billion dollars from Saudi Arabia in last two months. "The reserves are under pressure due to massive repayment against previous loans", said an official of the State Bank of Pakistan. He further said that Pakistan has to pay $9.06 billion loan (principal amount $ 7.27 billion and $ 1.787 billion interest) in the ongoing financial year 2018-19. However, he informed that reserves would surge to over $10 billion within next few days, as Pakistan is expecting to receive inflows from Saudi Arabia and United Arab Emirates (UAE). "Saudi Arabia will deposit remaining one billion dollars of three billion dollars that were committed. Similarly, we are expecting UAE will deposit $3 billion in one installment," he added. Pakistan is also hopeful to receive around two billion dollars from China. However, the Chinese authorities have not finalised the package yet. It is worth mentioning here that the international credit agency, Moody’s Investors Service, in its report last week, said Pakistan does not have enough foreign exchange reserves to pay its public and private external debt due over this year. “Foreign exchange reserves are low, and gross borrowing requirements are large in Pakistan, threatening the ability of these governments to refinance debt and fund deficits affordably”. The credit rating agency said the total public and private external debt due over the next year is larger than foreign exchange reserves. Foreign exchange reserves are on lower side in Pakistan. The lower reserves threaten government to refinance debt, it noted. Pakistan’s foreign reserves declined owing to persistent current account deficit. The reserves coverage of imports has also fallen, Moody’s further said. “Reserves are now worth less two months of goods and services imports,” the credit agency noted. Source :- Nation.com.PK Disclaimer- This channel is for defence related news worldwide . We try to give you true news related to each and every aspects of defence . It is either country, defence weapon, air Force, army ,navy, military or anything we will try to fully explain . The content specially news we upload are taken from various news channels and media houses . we never claim it is 100 % on our behalf but we try to deliver you exact without rumours . our news is specially related to india . As India is a growing country specially in defence under narendra modi BJP government . Channel Link: https://www.youtube.com/DefenceTube Facebook Link: https://www.facebook.com/defencetube Twitter Link : https://twitter.com/DefenceTube Check my all playlist : https://www.youtube.com/defencetube/playlist
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Pakistan's foreign exchange reserves decrease $265 million to $6,636.1 million in the week ending Jan 18, compared to $6,901.2 million in the previous week, central bank said on Thursday. Cash-strapped Pakistan has received $1 billion each from Saudi Arabia and the United Arab Emirates (UAE), as part of the bailout package by the two Gulf nations to help shore up Islamabad's dwindling foreign currency reserves. The country's central bank, the State Bank of Pakistan (SBP), on Friday confirmed that Pakistan has received the third tranche of $1 billion as part of balance-of-payments support from close ally Saudi Arabia. On Thursday, the SBP tweeted that $1 billion has been received from the UAE. The assistance was the first part of the $3 billion assistance announced by the Gulf nation. The amount was received under an agreement, signed on Tuesday, by SBP Governor Tariq Bajwa and Abu Dhabi Fund for Development Director General Saif Al Suwaidi, the SBP said. Saudi Arabia's assistance was part of the $6 billion bailout package - $3 billion balance-of-payments support and another $3 billion in deferred payments on oil imports - which Riyadh had agreed in October last year. The kingdom has already deposited $2 billion to provide vital cushion to Pakistan's dwindling reserves. Pakistan, which is in talks with the IMF for a bailout package, has also reportedly received financial assistance from China. "The deposits will help Pakistan achieve financial stability and overcome economic challenges," the Foreign Office had tweeted after the agreement between Pakistan-UAE was inked with Abu Dhabi. Source :- Defence News Disclaimer- This channel is for defence related news worldwide . We try to give you true news related to each and every aspects of defence . It is either country, defence weapon, air Force, army ,navy, military or anything we will try to fully explain . The content specially news we upload are taken from various news channels and media houses . we never claim it is 100 % on our behalf but we try to deliver you exact without rumours . our news is specially related to india . As India is a growing country specially in defence under narendra modi BJP government . Channel Link: https://www.youtube.com/DefenceTube Facebook Link: https://www.facebook.com/defencetube Twitter Link : https://twitter.com/DefenceTube Check my all playlist : https://www.youtube.com/defencetube/playlist
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6월 외환보유액 3천805억 달러...두 달째 사상최대 행진 South Korea's foreign exchange reserves are at their all-time highest level,... setting a new record high for the second month in a row. The Bank of Korea says the country's foreign currency reserves stood at 380-point-five-seven-billion dollars in June,... an increase of about two-point-one billion dollars in just one month. The weak dollar has played a big part in the increase. Based on the numbers from the end of May, Korea's foreign exchange holdings are 9th largest in the world. China holds the number one place, followed by Japan and Switzerland at second and third. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
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