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Devaluation

NEWS/North Africa

Egypt’s central bank raises interest rate resulting in devaluation of Egyptian pound

by Editor
24 March 2022

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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OPINION

Lebanon’s new government amid deepening economic crisis

by Recep Yorulmaz
11 September 2021

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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Levant/NEWS

Lebanese pound nears record low as devaluation resumes

by Editor
17 June 2021

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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Opinion

  • Author: Mustafa Yetim
    By Mustafa Yetim
    Lebanese politics following the elections: Between traditional patterns and alternative possibilities
    Published 27 May 2022
  • Author: Ibrahim Karatas
    By Ibrahim Karatas
    Why is Turkey launching a new military operation in Syria?
    Published 25 May 2022
  • Author: Mehmet Alaca
    By Mehmet Alaca
    How far does the bitter row between Turkey and Iran reach?
    Published 23 May 2022
  • Author: Umud Shokri
    By Umud Shokri
    Cheaper Russian oil is the scourge of cheap Iranian oil
    Published 13 May 2022
  • Author: Liqaa Maki Al Azzawi
    By Liqaa Maki Al Azzawi
    Turkey’s Claw-Lock military operation and Baghdad’s duty to expel the PKK
    Published 5 May 2022

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