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" currency"

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World - Region
3/17/2022 3:32:56 PM
Turkey's central bank kept interest rates unchanged for a third straight month Thursday as consumer prices surge at an eye-popping pace, coming after a series of rate cuts last year triggered a currency crisis that has made it difficult for people to buy basic goods.

Business - Economy
3/9/2022 2:21:24 PM
President Joe Biden is signing an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

World - International
3/3/2022 11:00:56 AM
Turkey's annual inflation rate in February hit a two-decade high, data from the statistics agency showed Thursday, amid President Recep Tayyip Erdogan's unorthodox policies to cut interest rates and a weakening currency.

World - Region
1/20/2022 2:47:50 PM
Turkey's central bank kept a key interest rate unchanged on Thursday, halting a string of rate cuts that triggered a currency crisis and sent consumer prices skyrocketing.

World - International
1/9/2022 10:01:39 AM
Chinese Foreign Minister Wang Yi was in Sri Lanka on Sunday seeking to advance China's ambitious Belt and Road Initiative, as the island nation looked to Beijing for help as it tries to rescue itself from a foreign currency and debt crisis.

World - International
1/7/2022 1:35:21 PM
Consumer prices in the 19 countries that use the euro currency hit a record high of 5% in December compared with a year earlier.

World - International
1/1/2022 12:23:47 PM
The euro on Saturday marks 20 years since people began to use the single European currency, overcoming initial doubts, price concerns and a debt crisis to spread across the region.

World - Region
12/30/2021 2:39:43 PM
Turkey's currency crisis turned increasingly political on Thursday after a top minister urged citizens to sue economists who comment on social media about the lira's slide.

Business - Economy
12/21/2021 11:52:53 AM
The Turkish lira was making significant gains Tuesday after the country's president announced new measures to safeguard deposits in the national currency against currency fluctuations.

Business - Economy
12/20/2021 8:41:36 PM
Turkey's troubled lira nosedived Monday after President Recep Tayyip Erdogan cited Islamic teachings to justify not raising interest rates to cushion the currency against historic falls.

Business - Economy
12/15/2021 1:15:47 PM
Foreign investments in Egypt’s local-currency debt instruments market have rebounded after experiencing a drop amid the pandemic, helping the country to finance its larger current account deficit resulting from continued strong domestic demand and a decline in tourism revenue, which has also begun to recover, Fitch Ratings said in a new report.

World - Region
12/13/2021 1:58:20 PM
The Turkish currency dipped to an all-time low Monday amid another anticipated interest rate cut later this week and after the S&P credit rating agency downgraded its outlook for Turkey.

World - Region
12/12/2021 9:55:10 AM
Mohammed al-Debek, a schoolteacher in northern Syria, is on strike: the currency devaluation in neighbouring Turkey has slashed the value of his salary by two-thirds.

World - Region
10/23/2021 10:20:49 AM
Syrian President Bashar Assad's government has diverted at least $100 million in currency from international aid money to state coffers over the past two years, benefiting from variations in exchange rates, according to new research.

World - International
10/16/2021 3:27:12 PM
A former governor of Iran's central bank was sentenced Saturday to 10 years in jail over the loss of $160 million and 20 million euros in foreign currency trading.

World - International
9/21/2021 4:01:41 PM
Afghanistan's central bank has access to only a fraction of its usual financing, and is cut off from the international banking system and its own foreign currency reserves

World - Region
9/19/2021 3:30:48 PM
Basic and life-saving medicines are in short supply, with restrictions in foreign currency severely limiting importation of medicines and medical goods

Business - Markets & Companies
9/13/2021 4:34:31 PM
In September 2020, Goldman Sachs said that it expects Egypt s hard currency inflows will increase and that the Egyptian pound will maintain its stability

World - International
9/12/2021 1:42:09 PM
The sources said that the decision has been taken so that the central bank can save enough amount of US dollars which has been less currently

World - Region
8/27/2021 4:10:09 PM
Lebanon is in the throes of one of the world's worst economic crises since the mid-19th century, which has sparked a flurry of shortages from medicines to fuel as foreign currency reserves run low

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