Royal Decrees related to the formation of a new board of Central Bank of Oman and appointment of its governor has been issued for the reforms, which include the formation of a new board of the Central Bank of Oman (CBO) and the appointment of its governor, are designed to enhance the legal and regulatory […]
In the past, the central bank would release new currency notes worth millions of rupees before Eid-ul-Fitr. However, since the COVID-19 pandemic, this practice has been discontinued. As a result, Pakistanis have had to make do with worn-out notes for Eid celebrations. Will New Notes be Available this Year? Sources claim that the chances of […]
The greenback climbed above 156 yen for the first time since July. The euro slumped to its weakest since Nov. 2023 at $1.0546 and sterling hit its lowest on the dollar in three months at $1.2683. Higher trade tariffs and tighter immigration under the incoming Trump administration are projected to fuel inflation, potentially slowing the […]
The central bank began to raise interest rates last year to battle soaring prices after President Recep Tayyip Erdogan dropped his opposition to orthodox monetary policy. Turkey’s annual inflation rate reached a decades-long high of 85 percent in October 2022. It fell to 38.2 percent in June 2023 before rising again. It reached 75 percent […]
The 1,500 prize Bond draw offers three tiers of prizes. The first prize is Rs1,500,000, while the second prize is Rs500,000. Numerous third prizes, each worth Rs 9,300, will also be distributed among the lucky winners. Prize details 1st Prize: 1,500,000 rupees 2nd Prize: 500,000 rupees 3rd Prize: 9,300 rupees Prize Bonds are considered one […]
