An employee demonstrates a sample of crude oil in the Yarakta Oil Field, owned by Irkutsk Oil Company , in Irkutsk Region, Russia, in this picture illustration taken March 11, 2019. — ReutersEscalation follows US pledge to force the shipping route open.Central banks turn more hawkish…
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SBP gets $2bn Saudi inflow, strengthens foreign reserves
A representational image of a money exchanger counting dollar bills and a stack of rupee notes is seen in the background. — APP/FileSBP receives funds from KSA’s Ministry of Finance.Development comes during PM Shehbaz’s ongoing KSA visit.Pakistan faces $3.5bn repayment to UAE this…
India faces 25% US tariffs, hopes for wider trade deal
US President Donald Trump and India’s Prime Minister Narendra Modi talk as they arrive for a joint news conference after bilateral talks at Hyderabad House in New Delhi, India, February 25, 2020. — Reuters
India eyes trade agreement by Sept-Oct, says Indian official.US…
IMF board meets on December 8 to approve $1.2bn for Pakistan
The International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, US, October 9, 2016. — Reuters$1.2bn disbursement expected to arrive on December 9.Tranche consists of $1bn EFF and $200m RSF.SLA reached on October 14…