Egypt’s current account surplus increases amid Moody’s setback
Egypt's first surplus in years was recorded from October through December 2022, totalling USD 1.40 billion...
Tag : currency
Ten ways to combat inflation
Inflation can be fought by promoting policies that expand the supply of goods and services...
IF Insights: PYUSD and the hope of crypto industry ‘following rules’
PYUSD users can convert any of the cryptocurrencies supported on PayPal to PYUSD...
Nigeria to take significant action to save naira as inflation continues to haunt country
Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023...
Brexit divorce costs soar as pound weakens amid Liz Truss’s failed budget plans
A payment to the EU on September 30, 2022—one week after the release of Liz Truss' tax-cutting Growth Plan—was the source of about half of the 91 million-pound loss...
Dollar’s kingship under threat?
As of 2023, central banks hold about 60% of their foreign exchange reserves in Dollars...
UAE likely to launch more local currency Sukuk: S&P
The local dirham-denominated Islamic bond market is still in its infancy, so local players are still raising funds by issuing dollar and other foreign currency-denominated Sukuk...
The German economic miracle
By 1948, the German people had endured nine years of rationing and price restrictions...
Gulf Payments Company: Facilitating cross-border payments in GCC
In 2016, due to the regional importance of cross-border payments, the Supreme Council of the GCC approved the establishment of the Gulf Payments Company...
IF Insights: Expats flee as cost of living soars in Singapore
As per logistics service provider APAC Relocation, the rent increase has caused around 10% of its clientele to move away from Singapore...