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Africa North |
Cash-strapped Egypt allows currency to fall against dollar, hikes interest rates |
2024-03-07 |
[IsraelTimes] Cairo’s central bank takes measures intended to combat inflation as country sees foreign currency shortages, takes hit from Israel-Hamas and Ukraine wars. |
Posted by:trailing wife |
#4 My calculations are that under Biden, the US Dollar has lost 20% of its value against other currencies around the world. |
Posted by: Shoth Gratch3103 2024-03-07 21:05 |
#3 Egypt Boosts Economic Stability With Expanded $8 Billion IMF Loan |
Posted by: Grom the Reflective 2024-03-07 12:07 |
#2 What does Egypt have to do with the Ukraine war, other than 'supplies' transiting the Suez. The rather closed Suez. Imagine though a South Korean ship transporting explosive kimchi and about India find you have to do the Good Hope route. |
Posted by: swksvolFF 2024-03-07 12:04 |
#1 And Suez Canal traffic |
Posted by: Frank G 2024-03-07 09:40 |