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3232Report: Syrian Central Bank Devalues Local Currency by Nearly 50%
https://www.digit.info/report-syrian-central-bank-devalues-local-currency-by-nearly-50/
Tue, 03 Jan 2023 14:30:05 +0000https://www.digit.info/2023/01/03/report-syrian-central-bank-devalues-local-currency-by-nearly-50/Read more]]>The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank also warned currency speculators that it will take steps to end activities that undermine the stability of the exchange rate. Currency Collapse Worsens the Plight […]
]]>Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar
https://www.digit.info/egyptian-pound-latest-african-currency-to-slump-to-record-low-versus-us-dollar/
Thu, 06 Oct 2022 09:00:41 +0000https://www.digit.info/2022/10/06/egyptian-pound-latest-african-currency-to-slump-to-record-low-versus-us-dollar/Read more]]>The Egyptian pound recently became the latest currency from the African continent to see its value versus the greenback slump to a record low. The pound’s fall came amidst reports suggesting the Egyptian government is hoping to strike a loan deal with the International Monetary Fund (IMF) within a month or two. Egyptian Pound Still […]