The Egyptian pound weakened to 26.49 to the dollar on Wednesday, its biggest one-day move since the central bank allowed it to fall by 14.5% on Oct. 27, according Refinitiv Data.
It was about 24…
A Lebanese prosecutor said on Thursday she had ordered security forces to bring in for questioning a Lebanese actress for whom central bank chief Riad Salameh was suspected of buying luxury property…
India's wholesale price inflation slowed in August helped by a fall in commodity prices, but double-digit price gains for the 17th month raise the chance for more rate hikes this month.
The…
The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…
Two years ago, I predicted in Foreign Affairs that the COVID-19 recession, coming on top of the financial crisis of 2008, would lead rich democracies to redefine the outer limits of their monetary…
The Turkish lira continues to touch record lows, the first of its kind, at a time when the Central Bank is trying to control its exchange rate against foreign currencies.
The lira continues its…
The horrors in Gaza have led to accusations of genocide, denunciations at the Oscars, and even self-immolation by a US Air Force serviceman. When will enough be enough?
In the wake of Iran's attack on Israel, the West wants to levy additional sanctions on Iran. However, over the years, their effect has been limited as Tehran found ways to circumvent them.
The US network news star often hears people express surprise over her heritage. Her new book weaves her personal journey with stories of the Middle East and the world of international journalism.
The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress