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" currency"

710 results

Business - Economy
2/3/2023 6:15:48 PM
On Friday, most exchange stores in Baghdad were closed, while in the northern city of Irbil, the dollar was trading at around 1,710 Iraqi dinars.

Business - Economy
1/30/2023 8:57:13 PM
The Egyptian pound slipped to a new low at over EGP 30 against the US dollar on Monday as the country battles rising inflation and a shortage in foreign currency sparked by the global economic crisis.

World - Region
1/25/2023 3:05:09 PM
Lebanese protesters on Wednesday blocked roads and burnt tires near the central bank in Beirut as the weakened local currency plummeted to a new low against the dollar.

World - Region
1/25/2023 1:02:28 PM
Hundreds of protesters rallied Wednesday near the Central Bank in the Iraqi capital, Baghdad, angered by the recent devaluation of the Iraqi dinar and demanding the government take action to stabilize the currency.

Al-Ahram Weekly - Egypt
1/24/2023 9:06:47 PM
Moscow has adopted the Egyptian pound as a currency of trade, reports Gamal Essam El-Din

Business - Economy
1/24/2023 12:39:08 PM
Minister of Agriculture and Land Reclamation El-Sayed El-Quseir expects a decline in the prices of eggs and poultry after the country released "successive and large" amounts of fodders that were stranded at the country's ports amid a hard currency crunch.

World - Region
1/23/2023 10:34:34 AM
Iraq's prime minister on Monday replaced the governor of the country's Central Bank following a weekslong plunge of the Iraqi dinar, the state news agency reported.

Al-Ahram Weekly - Egypt
1/23/2023 9:59:00 AM
A week after the third devaluation of the pound in nine months, what is the outlook for the local currency?

World - Region
1/19/2023 8:27:02 PM
Lebanon's currency hit an all-time low against the dollar on the black market Thursday as politicians for an 11th time failed to elect a new president in the crisis-torn country.

Business - Economy
1/18/2023 11:05:00 PM
Between 14 and 17 January, Egypt released $4.8 billion worth of goods that were stuck in its ports due to the country's hard currency crunch, Prime Minister Mostafa Madbouly said.

Egypt - Society
1/16/2023 7:07:38 PM
Over $1 billion worth of medicines have been released from Egyptian ports since early December as part of the country's continued efforts to clear imports backlog resulting from a crunch of hard currency, said Ali Ouf, head of the Medicines Division at the Egyptian Federation of Chambers of Commerce

Business - Economy
1/16/2023 5:54:53 PM
Egypt has received $925 million in indirect investments in local debt instruments since Wednesday, increasing the country’s reserves of hard currency in addition to an increase from the local market, Egyptian expats remittances, and the tourism sector, the Central Bank of Egypt said on Monday.

Al-Ahram Weekly - Egypt
1/11/2023 4:15:00 PM
Action is being taken to protect the local currency, but this may not help to rein in inflation.

World - Region
1/10/2023 5:30:13 PM
Iran has sentenced a Belgian aid worker to a lengthy prison term and 74 lashes after convicting him of espionage charges in a closed-door trial, state media reported Tuesday.

World - Region
1/5/2023 10:46:30 AM
Syria's economy has hit its lowest point since the start of its civil war nearly 12 years ago, with spiraling inflation, a currency plunge and severe fuel shortages in both government-run and rebel-held areas.

Egypt - Society
1/2/2023 10:58:00 PM
In London, Egyptian post-graduate student Abdullah Hassan – not his real name – was making the final plans to replace his dying laptop with a new one to benefit from the sale offers at the holiday season. Hassan’s plans were dashed when, on 22 December, he received a message from the Central Bank of Egypt (CBE) announcing limits on overseas cash withdrawals in foreign currency.

World - International
1/1/2023 2:40:14 PM
Croatia on Sunday switched to the euro and entered Europe's passport-free zone -- two major milestones for the country after joining the European Union nearly a decade ago.

World - Region
12/29/2022 7:21:51 PM
Iran appointed a new head of its central bank on Thursday after the currency crashed to its lowest level ever against the dollar amid mass protests and ongoing Western sanctions.

Business - Economy
12/25/2022 11:37:07 PM
The Central Bank of Egypt (CBE) has ordered banks to remove the recently-announced limits on overseas cash withdrawals in foreign currency for expats who need the cash for medical treatment or education.

World - Africa
12/13/2022 7:07:19 PM
South Africa's parliament voted against starting impeachment proceedings against President Cyril Ramaphosa over a report that says he held undeclared foreign currency at his farm in 2020.

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