Fitch: Multilateral banks could lend up to $480-B before rating downgrades

  • 2 days ago
Fitch: Multilateral banks could lend up to $480-B before rating downgrades

For more news, visit:
►https://www.ptvnews.ph/

Subscribe to our DailyMotion Channel:
►http://www.dailymotion.com/peoples-television-incorporated

Subscribe to our YouTube channel:
►http://www.youtube.com/ptvphilippines

Like our Facebook pages:
►PTV: http://facebook.com/PTVph
►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas

Follow us on Twitter:
►http://twitter.com/PTVph

Follow us on Instagram:
►https://www.instagram.com/ptvph

Watch our livestream on:
►http://ptvnews.ph/livestream/
►https://www.dailymotion.com/PTVPhilippines

Watch our News Programs, every Mondays to Fridays

Rise and Shine Pilipinas - 6:00 - 8:00 am
Bagong Pilipinas Ngayon - 12:00 - 1:00 pm
Sentro Balita - 1:00 pm - 2:00 pm
Ulat Bayan - 6:00 pm - 7:00 pm
PTV News Tonight - 9:30 pm - 10:30 pm

Saturday & Sunday:
►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Category

🗞
News
Transcript
00:00Fitch's latest report indicates a dozen major multilateral development banks, or MDBs,
00:07could collectively lend nearly $480 billion more without risking rating downgrades.
00:13The International Bank for Reconstruction and Development could lend an additional $117
00:18billion, while the Asian Development Bank, or ADB, and European Investment Bank have
00:24nearly $100 billion and $90 billion in potential lending, respectively.
00:29The report highlights both the Asian Infrastructure Investment Bank and New Development Bank
00:35could significantly increase their lending without jeopardizing their financial stability.
00:41The Russian ruble weakened further, reaching its lowest values against the US dollar and
00:46China's yuan since October 2023.
00:49It was down 0.4% at 97.40 to the dollar and 1.29% to a one-year low of 13.65 to the yuan.
01:01Analysts attribute the ruble's decline to the upcoming expiration of a US Treasury license
01:07that allowed banks to trade on Moscow Exchange following Western sanctions.

Recommended