Lebanon depositors to get 'market rate' dollars in local currency: Before Lebanon went into coronavirus lockdown in March, banks had cut withdrawal limits to as little as $ 100 a week. Since then, they have stopped dispensing dollars to depositors altogether. Nasser ... Source: "Coronavirus Lockdown" - BingNews. Wind is now the largest power source in Iowa and Kansas - Electrek: Star map company Under Lucky Stars compared the average Air Quality Index (AQI) from January with March, and the … [Read more...] about Lebanon depositors to get ‘market rate’ dollars in local currency – Lockdown News
dollars
50 Million US-dollars to accelerate SME development
First National Bank (FNB) has received 50 million US-dollars from the DEG - Deutsche Investitions- und Entwicklungsgesellschaft to deploy towards small and medium enterprise (SME) development in South Africa. DEG is a development finance institution whose mission is to promote private-sector enterprises in developing and emerging-market countries as a contribution to sustainable growth and improved living conditions. Mike Vacy-Lyle, CEO of FNB Business says: “The new line of funding … [Read more...] about 50 Million US-dollars to accelerate SME development
SA merchants can now legally transact in US dollars
A new service from FNB allows South African PayPal customers to withdraw their PayPal funds in US dollars into an FNB Customer Foreign Currency (CFC) account, rather than converting their income into South African Rands. Merchants in effect get the ability to accept and settle PayPal and card payments in US dollars. This means local companies can pay their foreign suppliers and service providers in US dollars, without the cost and hassle of converting US dollar income to Rands and back again. … [Read more...] about SA merchants can now legally transact in US dollars
A Fistfull of Dollars
Greetings Alan, It is not often that I do not find something of interest in MyPE, but every now and then you dish up a fistfull of dollars. Today's is something special - for me at any rate. I am a rally buff (longtime member of the SCC under Tubby Bennett) and have marshaled on that rally. If Patricia Dlamini delivers on the promises made in her very well worded presentation, then that certainly bodes very well for the region. Good luck to her. The pic (indeed any pics) of Schoenies … [Read more...] about A Fistfull of Dollars
