Bahrain's National Oil and Gas Holding Company (NOGA Holding) launched eight-year sukuk, or Islamic bonds, on Wednesday to raise $600 million at 5.25%, a document from one of the banks on the deal showed.
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SYDNEY, April 9 (Reuters) - The Australian dollar stumbled on Friday, pulling down the New Zealand dollar too, due to worries about a slowdown in Australia’s coronavirus vaccine rollout after the imposition of age-related restrictions on the use of AstraZeneca shots.
The Australian dollar was last down 0.6% at $0.7607, almost reversing its gains from Thursday and easing back from a two-week top of $0.7675 having failed to hold above key chart resistance at $0.7668.
Australia has restricted the use of the AstraZeneca COVID-19 vaccine - on which it had largely based its vaccination programme - due to risks of blood clots. The policy change effectively spoils the government’s chances of inoculating the entire population innoculated by October.
The U.S. economy is at an "inflection point" with expectations that growth and hiring will pick up speed in the months ahead, but some risks remain, particularly any resurgence in the coronavirus pandemic, Federal Reserve Chair Jerome Powell said.
Kenya's central bank has room to cut its benchmark interest rate, its governor said on Tuesday, adding that other interventions were also needed to help economic recovery in the face of a coronavirus-induced slump.