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" currency"

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World - International
8/31/2022 12:27:34 PM
While global supply pressures have been easing in recent months, "specific European problems continue to push inflation higher," ING Bank economist Bert Colijn wrote in an analyst note. "The gas supply crisis and droughts are adding to persisting supply-side pressures on inflation at the moment."

Al-Ahram Weekly - Egypt
8/26/2022 5:35:00 PM
With a new governor at the helm of the Central Bank of Egypt, Al-Ahram Weekly examines likely changes to monetary policy.

Egypt - Society
8/10/2022 7:37:24 PM
Egypt seeks an average of 15 percent savings in natural gas pumped yearly into power stations nationwide to be redirected for export with the aim of bringing in more foreign currency amid the spike in the oil and basic goods prices, the country's Prime Minister Mostafa Madbouly said.

World - Africa
7/25/2022 7:26:23 PM
Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country's unstable currency.

Egypt - Society
7/8/2022 6:09:00 PM
Each year Egyptians celebrate Eid El-Adha by slaughtering sheep, goats, or cows or buying sizeable amounts of meat. However, the recent global and local price hikes have dipped demand for meat and other commodities.

Business - Economy
7/8/2022 6:02:00 PM
The euro fell below $1.02 this week to its lowest level in 20 years. Here are the concrete consequences of the decline in the value of the single European currency.

World - Region
6/19/2022 9:47:30 AM
Outside his butchery in the south of Iran's capital, Ali cuts up a sheep carcass for customers who, like him, have seen inflation and subsidy reform devour their purchasing power.

World - Region
6/16/2022 3:36:29 PM
Iran's Central Bank is allowing licensed exchange offices to resume buying and selling foreign currency, days after traders protested over the worsening economic situation and the country's currency dropped to its lowest value ever, state-run media reported Thursday.

Egypt - Politics
6/15/2022 8:10:17 PM
Prime Minister Moustafa Madbouly urges Egyptians to rationalise their consumption amid the global food crisis to ease the foreign currency burden on the state, yet he affirms the availability of basic commodities.

Al-Ahram Weekly - Economy
6/15/2022 12:58:00 PM
While food items are available in abundant quantities, stocks are running low on imported finished goods.

Business - Economy
6/13/2022 1:33:42 PM
The yen plunged to its lowest level against the dollar since 1998 on Monday as sky-high US inflation fuels a widening monetary policy gap between Japan and the world's largest economy.

Business - Economy
6/12/2022 8:06:39 PM
Egypt’s agricultural exports reached 3.5 million tonnes from January till 11 June 2022, the Agriculture Minister El-Sayed El-Quseir announced on Sunday after receiving a report from the head of the Central Administration of Plant Quarantine.

World - Region
6/12/2022 2:21:14 PM
Iran's currency Sunday dropped to its lowest value ever as talks to revive the country's tattered nuclear deal with world powers remained deadlocked.

War in Ukraine - Economy
6/9/2022 1:27:17 PM
The European Central Bank is expected Thursday to end a key economic stimulus program and map out its plan to raise interest rates for the first time in more than a decade as it seeks to join the U.S. Federal Reserve and other central banks in tackling high inflation. But it's a delicate balance to not further slow economic growth.

War in Ukraine - Economy
5/23/2022 5:22:27 PM
Authorities in the Moscow-controlled Ukrainian region of Kherson announced Monday the introduction of the ruble as an official currency alongside the Ukrainian hryvnia.

Business - Economy
5/8/2022 8:47:32 PM
Egypt’s net international reserves (NIRs) rose slightly in April to $37.1 billion, up from $37 billion posted in March, the Central Bank of Egypt (CBE) announced on Sunday.

Business - Economy
4/24/2022 1:49:08 PM
Standard and Poor’s (S&P) has affirmed Egypt’s long and short-term foreign and local currency sovereign credit ratings at B/B, S&P announced on Saturday.

Business - Economy
4/21/2022 6:26:57 PM
Fitch Ratings has affirmed Egypt's long-term foreign-currency issuer default rating (IDR) at B+ with a stable outlook, the credit rating agency announced on Thursday.

War in Ukraine - Economy
3/31/2022 5:27:41 PM
A Kremlin decree published by state media says ``unfriendly countries`` can continue to pay for natural gas in foreign currency through a Russian bank that will convert the money into rubles.

Al-Ahram Weekly - Economy
3/29/2022 8:34:20 PM
Egypt is borrowing in Japanese yen in an effort to diversify its foreign currency resources, writes Doaa A. Moneim

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