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May 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Coronavirus

'Brics' bank lends Brazil $1bn to soften COVID-19 economic blow
Business & Finance

'Brics' bank lends Brazil $1bn to soften COVID-19 economic blow

  • The funds will be allocated to the federal government's emergency aid payment program, which the NDB estimates could benefit 5 million informal workers, low-income families and unemployed people.
  • NDB financing is an important tool for the Brazilian government to ensure a robust fiscal response to fight the pandemic and allow priority investments to be made.
Published 21 Jul, 2020 01:22am
Copper steady near two-year high, new coronavirus cases weigh
Markets

Copper steady near two-year high, new coronavirus cases weigh

  • A week ago the metal touched a peak of $6,633 a tonne, the highest since 2018, up from a low of $4,371 in March.
  • A rebound in the economy of top metals consumer China and supply disruptions, mainly in the world's main producing region South America, has boosted prices.
Published 21 Jul, 2020 12:23am
EU tries to save virus aid plan as global deaths surge

EU tries to save virus aid plan as global deaths surge

  • The disease has killed more than 600,000 people globally out of nearly 14.5 million known infections, and with new clusters across the planet, alarm is growing about the virus spreading out of control.
Published 20 Jul, 2020 06:43pm