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Tag: exchange rates

Türkiye has no exchange rate target, disinflation key goal: Şimşek
Business

Türkiye has no exchange rate target, disinflation key goal: Şimşek

May 25, 2024

Treasury and Finance Minister Mehmet Şimşek on Friday affirmed that making certain disinflation is the primary goal of Türkiye’s medium-term financial program, whereas additionally stressing

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Egypt allows currency to fall sharply, hikes interest rates
Business

Egypt allows currency to fall sharply, hikes interest rates

March 24, 2024March 24, 2024

The Egyptian pound fell sharply towards the U.S. greenback on Wednesday after the nation’s central financial institution hiked its fundamental rate of interest and stated

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Lebanon turns to dollars as currency, economy crumble
Economy

Lebanon turns to dollars as currency, economy crumble

March 6, 2023March 6, 2023

Moheidein Bazazo didn’t anticipate his Beirut mini-market to thrive when he opened the business in 1986, throughout a number of the fiercest combating in Lebanon’s

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