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
MoreLebanese 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
MoreLebanon’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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