Taliban agrees to extend China's Belt And Road Initiative in Afghanistan

Taliban agrees to extend China’s Belt And Road Initiative in Afghanistan

The Taliban agreed to extend the Belt and Road Initiative to Afghanistan, potentially bringing in billions of dollars to fund infrastructure projects in the sanctions-hit country. On Saturday, Chinese Foreign Minister Qin Gang and his Pakistani counterpart Bilawal Bhutto Zardari met in Islamabad. They agreed to collaborate on Afghanistan’s rehabilitation, including bringing the $60 billion […]

Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham

Melting US dollar

In 1973 the United States of America came to an agreement with Saudi Arabia to price and trade oil in US dollars. Any country to purchase Saudi oil would have to pay the price in USD, the deal was signed as America promised security and ammunition to Saudi Arabia, from where the birth of the […]