Finance

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Finance World

Saudi Arabia Close to Making 5 Billion US Dollars Deposit in Turkey’s Central Bank

Jean Harris November 23, 2022 0 Comment

In an official statement, Saudi Arabia’s Ministry of Finance announced on Tuesday that it will make a deposit worth five billion U.S. dollars at Turkey’s central bank. The central bank of Turkey is in...

1 Minute

Finance

IMF Agrees $4.5 Billion Package For Bangladesh

Jean Harris November 11, 2022 0 Comment

The International Monetary Fund (IMF) will provide a $4.5 billion bailout for Bangladesh, the country’s finance minister announced, saying the deal will keep a potential crisis from worsening. Bangladesh has had one of the...

2 Minutes

Finance World

The Bank of England Announces The Biggest Interest Rate Hike in 33 Years

Jean Harris November 3, 2022 0 Comment

It has been reported that the Bank of England, on Thursday, raised the interest rates by three-quarters of a percentage point. As per the details, this hike is the biggest in the last 33...