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Investment currency outflows nearly 50% due to COVID-19 restrictions The Central Bank of The Bahamas. The restrictions placed on foreign exchange outflows by The Central Bank of The Bahamas (CBOB) at the onset of the COVID-19 economic crisis resulted in resident investments through the Investment Currency Market (ICM) being slashed by more than 40 percent. In May 2020, the bank suspended residents’ access to foreign exchange for portfolio purchases in the ICM and the Bahamas Depository Receipts (BDR) Programme. Approvals for commercial banks’ remittance of dividend payments abroad were suspended. According to the just released CBOB Annual Report and Statement of Accounts for 2020, these measures saved up to an estimated $400 million in claims on the reserves. ....
E AGLE-EYED BEACHCOMBERS may recognise the round white shells etched with a five-petal flower. These erstwhile homes of sea urchins resemble a silver dollar, earning them the nickname “sand dollars” and the myth that they are the money of mermaids or the long-lost city of Atlantis. They pile up on the shores of the 700 islands in the Bahamas, so its central bank picked the sand dollar as its logo. In October 2020, when the Bahamas launched the world’s first central-bank digital currency ( CBDC), the authorities chose to adorn the app with the familiar floral pattern and call it the sand dollar. ....
To those Bahamians who wanted Trump out of the White House, are you happy now? Dear Editor, The American drive-by media did a spectacular job in lampooning former President Donald Trump in the lead up to the November 3, 2020 presidential election. Routinely caricatured on TV shows such as “Saturday Night Live”, the left leaning media enterprise, along with Hollywood and social media giants Google, Twitter and Facebook, all made a concerted effort to portray Trump as the worst president in US history. This massive propaganda campaign paved the way for the Democratic Party presidential candidate Joe Biden to handily defeat Trump, securing an astounding 306 of the electoral votes. Trump got just 232. ....
Jau otro pavasari Covid-19 pandēmija «uzkarsē» pieprasījumu pēc stādiem lsm.lv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lsm.lv Daily Mail and Mail on Sunday newspapers.
Bahamas utklassar Sverige inom digital valutahandel di.se - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from di.se Daily Mail and Mail on Sunday newspapers.