Tag: Financial Stability
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Fitch Ratings Begins Review of France’s Credit Rating
Overview of France’s Current Economic Landscape In recent weeks, the French economic landscape has showcased an unusual sense of calm following the upheaval of the government. The appointment of a new Prime Minister has led to a more stable atmosphere for both investors and stakeholders. This environment sets the stage for Fitch Ratings to conduct…
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Pakistan’s Forex Reserves Increase: September Update
Overview of Pakistan’s Forex Reserves As of September 5, 2023, Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) witnessed a modest increase of $34 million, bringing the total to approximately $14.34 billion. This rise is significant considering the economic challenges the country has faced in recent years. Current Status of Total…
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State Bank’s Foreign Exchange Reserves Increase
Overview of the Latest Reserves Update In a significant yet modest development for Pakistan’s financial landscape, the foreign exchange reserves held by the State Bank of Pakistan (SBP) saw an uptick of $34 million during the week that ended on September 5, 2025. This change brings the total reserves to $14.3 billion, marking a crucial…
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State Bank’s Reserves Rise Marginally by $34 Million
Overview of Pakistan’s Foreign Exchange Reserves Pakistan’s foreign exchange reserves have seen a slight uptick, reflecting a modest improvement in the financial landscape. As of September 5, 2025, the State Bank of Pakistan (SBP) reported an increase of $34 million, bringing its total reserves to $14.3 billion. Recent Trends in Foreign Exchange Reserves This rise,…
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SBP Forex Reserves Increase by $34 Million to $14.34 Billion
Overview of SBP Forex Reserves The State Bank of Pakistan (SBP) announced on Thursday that the country’s foreign exchange reserves have seen a notable increase. As of September 5, 2023, the reserves rose by $34 million, bringing the total to $14.336 billion. This rise is significant as it reflects the financial health and stability of…
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The Reality of Low Wages in the Private Sector
The Alarming Wage Statistics in the Private Sector In a striking revelation, recent data shows that approximately 62% of workers in the private sector earn less than €1,000 net per month. This statistic paints a sobering picture of the economic landscape, highlighting the struggles faced by a significant portion of the workforce. With more than…
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Teiresias SA: The Guardian of Creditworthiness in Distress
Introduction to Teiresias SA Teiresias SA is a pivotal organization in Greece that was established to collect data and provide support to banks and financial institutions. Its primary role is to help these entities manage their risks associated with non-performing loans and identify potential defaulters. This company acts as a “guardian” of creditworthiness, offering a…
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Tireseas AE: The Guardian of Credit Worthiness Under Pressure
Introduction to Tireseas AE Tireseas AE, a pivotal player in the realm of credit monitoring, serves as a guardian for banks and financial institutions in Greece. Established to collect essential data, Tireseas helps mitigate risks associated with delinquent borrowers, fostering a healthier credit environment. However, recent reports indicate that the company is facing significant challenges,…
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New Pension Indexation in Russia: What to Expect
Introduction to Pension Indexation in Russia The landscape of pension payments in Russia is set for a significant transformation starting in 2026. This move aims to enhance the financial security of retirees through a structured indexation process that will occur twice a year. Understanding these changes is crucial for all pensioners and those approaching retirement.…