External borrowing or debt is a common practice in developing and least developed countries around the world for various reasons. If local borrowing is limited, these countries depend on sourcing external funds to subsidize their deficit budgets or cushion revenue shortfalls and to fund major infrastructure or development projects.The full article can be downloaded below.
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Read More| Per SBD | Today 06/05/2024 | Last Week 29/04/2024 |
|---|---|---|
 USD | 0.1175 | 0.1169 |
 GBP | 0.0937 | 0.0936 |
 EUR | 0.1092 | 0.1093 |
 AUD | 0.1776 | 0.1790 |
 NZD | 0.1953 | 0.1965 |
 JPY | 17.9713 | 18.4900 |
 SDR | 0.0890 | 0.0873 |
 CNY | 0.8508 | 0.8469 |
| Index | 115.1 | 116.00 |