According to a analysis by Arabian Business based on the Big Mac index the Lebanese pound further dropped against the US dollar on the black market, ranging on Monday to become the world’s most undervalued currency.
Economy
economy
Welcome investors – President Ali
“Guyana is open to investments, we are open to investors…in a transparent manner,” President Ali asserted during a joint press conference on Friday with US Secretary of State Michael Pompeo.
Economic Stimulus Packages saved 2.75 million jobs – PM Muhyiddin
Prime Minister Tan Sri Muhyiddin Yassin said the measures introduced under the PRIHATIN ESP, Additional PRIHATIN and the Short-term Economic Recovery Plan (PENJANA) aims to address the impact from the COVID-19 crisis, while simultaneously ensuring business continuity.
Finance Minister Sitharaman said at the 3rd G20 meeting, “Digital taxation needs to be simple and inclusive”
Sitharaman in the first session of the meeting talked about the G20 Action Plan in response to COVID-19 which was endorsed by the G20 Finance Ministers and Central Bank Governors in their previous meeting
Borrowers need support till cash flows – Arijit Basu
Deputy Managing Director of State Bank of India (SBI) Arijit Basu said at a webinar organised by BCCI that economic activity had stopped in the first quarter for which the borrowers are facing problems of cash flows.
Russian President Vladimir Putin supports cutting oil production
Russia is ready to cooperate with Saudi Arabia and the United States to cut oil production, President Vladimir Putin said Friday.
Rupee falls, Sensex crashes 807 pts due to Coronavirus
The rupee, meanwhile, fell by 34 paise to close at more than three-month low of 71.98 against the US dollar, tracking heavy selling in domestic equities and strengthening of the US currency in the overseas market.
$ 2.5 billion deal during Namaste Trump visit
$ 2.5 billion MoU into an agreement on the sidelines of the bilateral talks between Prime Minister Narendra Modi and the US President Donald Trump on.