South Africa Launches $500M Forex Funding Plan as Budget Crisis Resolves
✅ Treasury Aims for Innovative Foreign Currency Financing South Africa’s National Treasury is now looking to raise at least $500 million in foreign currency funding for the 2025/26 financial year, following the resolution of a long-standing budget standoff in Parliament. This call for
PSX Rallies Past 138,000 as Mutual Fund Inflows & Forex Reserves Spark Bullish Trend
The Pakistan Stock Exchange (PSX) continued its strong upward trend on Thursday, driven by a sharp rise in foreign exchange reserves and massive mutual fund investments. The KSE-100 Index surged by 2,285.53 points, closing at 138,665.49, marking a 1.68% gain compared to the
White House: Trump Ready to Negotiate Fair Trade Offers That Boost U.S. Economy
In a recent appearance on Fox News, Kevin Hassett, Director of the U.S. National Economic Council, stated that President Donald Trump remains committed to trade strategies that have shown results and is open to negotiating with global trade partners — provided they offer
India’s Forex Reserves Climb to $654.27 Billion; US-India Trade Tensions Rise Over Tariffs
India’s Forex Reserves Witness Growth In a positive development for the Indian economy, the country’s foreign exchange reserves increased by $305 million, reaching a total of $654.271 billion for the week ending March 14, 2025. This steady growth in reserves reflects the strengthening