The World Bank is an international organization dedicated to providing financing, advice and research to developing nations to aid their economic advancement. Is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank Group is jointly owned by its 185 member country governments, but the donor countries hold greater power in making decisions about the Bank's policies and which projects it funds than borrower countries. The World Bank Group President is, and always has been, a U.S. citizen.

The World Bank has two stated goals that it aims to achieve by 2030. The first is to end extreme poverty by decreasing the amount of people living on less than $1.90 a day to below 3% of the world population. The second is to increase overall prosperity by increasing the income growth in the bottom 40% of the world's population.

Latest news on The World Bank & the Economy

Forex update: US dollar appreciates - myRepublica
KATHMANDU, July 3: Nepal Rastra Bank (NRB) has determined foreign exchange rates for today (Thursday). According to NRB, the value of the U.S. ...
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Forex: $160.35 to one US dollar - Jamaica Observer
Forex: $160.35 to one US dollar. KINGSTON, Jamaica ' The United States (US) dollar on Wednesday, July 2, ended trading at $160.35, up ...
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Forex reserves close FY25 at $14.51b | The Express Tribune
Pakistan's foreign exchange reserves held by the State Bank of Pakistan (SBP) stood at $14.51 billion by the end of FY25, marking an increase of ...
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Forex Today: US Nonfarm Payrolls will steal the show - Mitrade
Forex Today: US Nonfarm Payrolls will steal the show. Source Fxstreet. The Greenback showed signs of life and charted a meaningful rebound on ...
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Forex Signals Brief July 2: USD Slips Again While Dow Rallies, Traders Await ADP Jobs Report
Yesterday markets produced another day of mixed action, with the dollar weakening, tech stocks falling, and strong job openings data adding to ...
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EUR/USD Forex Signal: Brief Pullback Possible Ahead of ADP Jobs Data - DailyForex
Indeed, recent data shows that the US is paying nearly $1 trillion in interest annually. Top Forex Brokers. 1. FP Markets · Get Started Read Review.
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The 3 areas of the stock market to buy as the dollar continues to plummet, Morgan Stanley says
In Morgan Stanley's thesis, the key tailwind for stocks is companies with high exposure to foreign sales. A weaker US dollar makes currency ...
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Forexlive Americas FX news wrap: US dollar slides as ADP misses. Gilts drop
The US dollar firmed in European trading but gave it all back before the close. It started with some selling on a weak ADP employment number that ...
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US dollar suffers worst start to a year since 1973 over Trump tariff concerns | news.com.au
The US dollar suffered its worst first-half decline in more than 50 years as fears over President Donald Trump's tariff policies have driven down ...
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US dollar stablecoin mercantilism is an opportunity to promote payment multilateralism and ... - CEPR
The current US administration prefers dollar-backed stablecoins, with the aim to reinforce dollar dominance worldwide. This column argues that dollar- ...
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U.S. dollar gains against peers, pound sterling drops as markets weigh Fed cut - CNBC
The U.S. dollar gained against major currencies including the yen, Swiss franc and the euro on Wednesday as data helped to support market ...
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