Page 9 - Currency Devaluation News Today

"An egg is worth 3.5 pounds, seven times more expensive than the time of the 25 January Revolution. I have four children. Each needs two. We cannot afford that," a civil servant said to The New Arab.

Syria devalues local currency by 50 pct amid worsening economic situation-

Egypt's currency sank to a record low on Thursday after the country's central bank raised key interest rates to combat rising inflation

Commentary Why are market participants scared of a strong dollar? Because for years there was a massive carry ...

In iran even before the tragic death of mahsa amini — iran is facing economic crisis, rapid inflation, currency devaluation, unemployment. there is an entirely new generation of people in iran, younger, generation z, people who came up in iran very different from what it was 15 years ago, far more economic chaos, far less hope. in reality, the death of this young woman was a spark to set off a lot of social tension which had been growing, clearly, beneath the surface for quite some time. its n...

Airtel Africa managing director and CEO Olusegun Ogunsanya said the telco, which operates in 14 countries, has captured the top spot in four and is No. 2 in nine others. Ogunsanya also spoke of the company’s drive for profitability and cost reduction

The government of Zimbabwe has announced that it would issue gold coins later this month, a move that is being viewed with skepticism by many local currency traders.

Kazakhstan is striving to extricate itself from the shadow of Russia’s war on Ukraine and ensure financial and economic stability.

The Indian rupee hit its lowest ever rate against the US dollar on Monday as the economy struggles under rising oil prices and the fallout from the war in Ukraine.

The Iranian riyal has fallen to its lowest level in history, trading at roughly 330,000 per U.S. dollar.