Bahrain and UK review regional tensions and economic risks
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Bahrain and UK review regional tensions and economic risks

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MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support...
South Korea FX reserves fall in March on stronger dollar
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South Korea FX reserves fall in March on stronger dollar

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SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday....
Botswana downgrade adds pressure to diamond economy
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Botswana downgrade adds pressure to diamond economy

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GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook....
India forex reserves hit record $728.49bn on RBI data
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India forex reserves hit record $728.49bn on RBI data

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MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
UAE President meets IMF Managing Director in Abu Dhabi
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UAE President meets IMF Managing Director in Abu Dhabi

congodailynews.com
MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary Fund, at Qasr Al Shati in Abu Dhabi on Monday, as the two sides discussed areas of...