The finance ministry has taken steps to sell US$1.3 billion worth of foreign exchange stabilization bonds, according to the ministry Sunday. The ministry selected five financial institutions, including the state-run Korea Development Bank, on Friday for the planned sale of U.S. dollar-denominated bonds with a maturity of five years. It would be the first sale of U.S. dollar-denominated bonds since 2021. Currency stabilization bonds are designed to raise the money needed by the government to keep foreign exchange rates stable. Source: Yonhap News Agency
Middle East Crisis Deepens Global Hunger and Inflation
April 20, 2026
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to