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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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Levant/NEWS

Lebanese central bank to relax limits on dollar purchases

by Editor
15 January 2022

To bolster the value of the Lebanese pound, Lebanon’s central bank said on Friday that it will relax limits on dollar purchases. The currency had just set a record low, igniting new

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Middle East/NEWS

Turkish lira FX against global currencies appreciates amid new financial mechanism

by Editor
21 December 2021

As Turkey’s president revealed a new financial mechanism to shore up the local currency, the Turkish lira made an overnight comeback on Monday against international currencies, including the US Dollar, the Euro,

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Middle East/NEWS

Turkish lira exchange rate against dollar decreases following presidential statement

by Editor
20 December 2021

Following an address to the nation after a cabinet meeting, the US Dollar/Turkish Lira exchange rate decreased by 22.4 percent. Turkish President Recep Tayyip Erdogan evaluated the latest developments in the Turkish

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Opinion

  • 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
  • Author: Watheq Al-Sadoon
    By Watheq Al-Sadoon
    Prosecution of Sarkhi supporters and the demolition their mosques in Iraq: Clash of religious beliefs or sociopolitical interactions?
    Published 1 May 2022

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