On Wednesday, after Egypt’s Central Bank (ECB) raised its main interest rate and devalued the currency by 14 percent, the Egyptian pound slipped further against the dollar. In order to combat inflationary
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Lebanese leaders agreed on a new government led by Sunni Muslim Najib Mikati on September 10 after a year of feuding over cabinet seats that have exacerbated a devastating economic collapse, opening
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Lebanon’s currency has devaluated more against the dollar on the black market on Thursday. The freefall of the local currency gripped the state as a political deadlock and an economic crisis ensues
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