inflation

Syrian pound falls to record low as economy hit by sanctions: dealers
Economy

Syrian pound falls to record low as economy hit by sanctions: dealers

BEIRUT (Reuters) – The Syrian pound fell to a record low on the black market, driven down by lack of…
Egypt’s Ministry of Finance frees customs dollar exchange rate
Economy

Egypt’s Ministry of Finance frees customs dollar exchange rate

Egypt’s Ministry of Finance has freed the customs exchange price of the dollar on all kinds of imports subject to…
Iran moves to strike 4 zeroes from its battered currency
Middle East

Iran moves to strike 4 zeroes from its battered currency

TEHRAN, Iran (AP) — Iran’s president sent a bill to parliament Wednesday that would cut four zeroes from the value…
Opinion: Imran Khan — One year of stumbling ineptitude
World

Opinion: Imran Khan — One year of stumbling ineptitude

When Imran Khan was elected as Pakistan’s prime minister on August 17, 2018, some Pakistanis saw him as the the best…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt

Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll

CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
Bankers expect stable interest rates through December
Middle East

Bankers expect stable interest rates through December

Egyptian economists and investment banks predicted that interest rates would remain fixed at 15.75 percent for deposit and 16.75 percent…
News IMF approves $6 bn loan for Pakistan
World

News IMF approves $6 bn loan for Pakistan

The International Monetary Fund on Wednesday approved a $6 billion, three-year loan for Pakistan to help right the South Asian…
Iranians say their ‘bones breaking’ under US sanctions
Middle East

Iranians say their ‘bones breaking’ under US sanctions

TEHRAN, Iran (AP) — As the U.S. piles sanction after sanction on Iran, it’s the average person who feels it…
China inflation hits highest level in 15 months
World

China inflation hits highest level in 15 months

Inflation in China rose to its highest level in more than a year in May driven by surges in pork…
Egypt’s Inflation rate rises by 1% in May: CAPMAS
Economy

Egypt’s Inflation rate rises by 1% in May: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed Egypt’s inflation rate during the month of May rose by…
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