Tag: #Dollars
-
‘Dollars’ Movie | An Ode to Pakistan, a Tribute to Overseas Desi Community
Dollars movie expected to be released in Pakistan on the 17th of May, 2024, is a riveting comedic tale of two orphan boys who are very close to each other. The movie showcases how the two friends who are like family work to make it big in the US despite their everyday struggles and the…
-
Rupee hits new historic low of Rs.181.25
KARACHI: There was no respite from the declining rupee trend on Monday as the currency dropped to a new-all time low of Rs. 181.25 against the U.S. dollars in the inter-bank market despite a decrease in the current account deficit. According to data released by the State Bank of Pakistan (SBP), rupee closed at Rs.…
-
The Asian Development Bank’s Five Year Global Bond
MANILA, Jan. 28 (Xinhua/APP): The Asian Development Bank (ADB) announced on Thursday that it priced a 4.5-billion-U.S. dollar five-year global bond, proceeds of which will be part of ADB’s ordinary capital resources. The Manila-based bank said the five-year bond, with a coupon rate of 0.5 percent per annum payable semi-annually and a maturity date of…
-
UK to support Lebanese army in 2019-2022
LEBANESE, Nov 1 (XINHUA/APP):The British Embassy in Lebanon announced on Friday that Britain will support the Lebanese army with 25 million U.S. dollars from 2019 to 2022, local media reported. “This is part of our continuous support for the Lebanese army which is the legitimate defender of the country,” the embassy said, according to Elnashra,…
-
Non-US banks at risk in the event of a shock
IMF warned, non-US banks have $1.4 trillion at risk in the event of shock
-
China’s central bank skips reverse repos for 2nd day
BEIJING, Sep 30 (XINHUA/APP):China’s central bank skipped reverse repos for a second day in a row on Monday, citing abundant liquidity on the market. The overall liquidity in the banking system is on a relatively high level due to increased fiscal expenditures near the end of the quarter, the People’s Bank of China said on…