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Foreign exchange rates in Pakistan
ISLAMABAD, Jan. 22 (Xinhua) -- The following are interbank rates of foreign currencies against the Pakistani rupee released by the National Bank of Pakistan on Tuesday: Currency Buying Selling U.S. d
Bank shooting in U.S. state of Florida k...
Five people were killed Wednesday after a shooter opened fire in a bank in the U.S. state of Florida, according to local police. "After an assessment of the scene we were sorry to learn that we have
China launches Central Bank Bills Swap t...
The People's Bank of China (PBOC) has decided to launch Central Bank Bills Swap (CBS), a tool allowing primary dealers engaged in an open-market operation to swap the perpetual bonds they hold for t
Central bank injects liquidity into mark...
BEIJING, Feb. 1 (Xinhua) -- China's central bank lent 16 billion yuan (about 2.39 billion U.S. dollars) to financial institutions through the standing lending facility (SLF) in January to help meet p
China's central bank skips open market o...
BEIJING, Feb. 3 (Xinhua) -- China's central bank skipped open market operations on Sunday, citing abundant liquidity in the banking system. No reverse repos will mature Sunday, according to the Peopl
China to conduct first central bank bill...
China will soon conduct the first central bank bills swap (CBS) operation to support the issuance of perpetual bonds by commercial banks, a central bank official said Tuesday. Sun Guofeng, head of
Italian investment bank CDP, UniCredit t...
Italy's state-owned investment bank Cassa Depositi e Prestiti (CDP) and UniCredit bank have entered into a partnership to support Italian companies in China, the CDP said in a statement on Thursday.
China's only rural policy bank becomes l...
SHENZHEN, Feb. 25 (Xinhua) -- The Agricultural Development Bank of China (ADBC), the country's only rural policy-oriented bank, has become the third largest bonds issuer at home. The bank is also the
China's only rural policy bank becomes l...
The Agricultural Development Bank of China (ADBC), the country's only rural policy-oriented bank, has become the third largest bonds issuer at home. The bank is also the country's biggest issuer of b
Reserve Bank of New Zeland mulls raising...
WELLINGTON, Feb. 26 (Xinhua) -- Increasing the amount of capital banks hold will improve the safety of New Zealand's financial system and economic wellbeing, Reserve Bank of New Zealand Deputy Govern
Zimbabwe largest mobile network firm adj...
HARARE, Feb. 26 (Xinhua) -- Zimbabwe's largest mobile network services provider Econet Wireless on Tuesday announced an adjustment in tariffs for roaming and international calling services to reflect
Fed Chairman Powell highlights patience ...
WASHINGTON, Feb. 26 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell told Congress Tuesday in a testimony that the central bank will be "taking a patient approach" in determining future change
China's central bank injects liquidity i...
BEIJING, Feb. 27 (Xinhua) -- China's central bank injected liquidity into the money market through reverse repos Wednesday. The People's Bank of China conducted 60 billion yuan (about 9 billion U.S.
Feature: Palestinian woman seeks to open...
by Fatima Aruri HEBRON, West Bank, Feb. 27 (Xinhua) -- In a small office at the Poly Technic University in the southern West Bank city of Hebron, a small team works to support the only Palestinian wo
Ukraine receives 602-mln-USD loan under ...
KIEV, March 1 (Xinhua) -- Ukraine has raised a loan worth 529 million euro (about 602 million U.S. dollars) through Deutsche Bank under the guarantees provided by the International Bank for Reconstru
World Bank approves 185 mln USD for Bang...
DHAKA, March 2 (Xinhua) -- The World Bank has approved 185 million U.S. dollars to add up to 310 Megawatt (MW) in renewable energy generation capacity in Bangladesh and mobilize private sector partic
Iraq discusses possibility of joining As...
BAGHDAD, March 3 (Xinhua) -- Iraqi Ministry of Transportation on Sunday discussed the possibility of joining the Asian Infrastructure Investment Bank (AIIB). A statement by the ministry's media offic
NICOSIA, March 4 (Xinhua) -- Irish banker John Patrick Hourican, who pulled the Bank of Cyprus (BoC) out of utter chaos almost six years ago, will leave the Cypriot lender later this year, the BoC bo
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