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Turkish lira becomes the currency of choice in northern Syria
Syrians take on the Turkish lira as the value of their pound plummets.
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US sanctions on Syria: Caesar Act to take effect on Wednesday
New US sanctions against Syria aim to prevent international engagement with Bashar al-Assad's government.
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Protests rock Lebanon as currency collapses
Hassan Diab's government is facing growing calls to resign after the currency lost 25 percent of its value in two days.
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Lebanon currency crisis: Dozens hurt in second night of clashes
At least 33 people were injured during clashes between the Lebanese army and protesters in Beirut and Tripoli.
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Lebanon money exchangers back at work after strike
Government had blamed them for the devaluation of the local currency, but now there appears to be a deal to control the currency market.
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Sudan gold, fuel smuggling costs hundreds of millions annually
A new report by a financial watchdog has revealed the extent of mismanagement in those sectors and its impact on the economy.
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Lebanon protests: Central bank criticised as currency plummets
Opposition politicians believe the ruling alliance led by Hezbollah is trying to take control of the central bank.
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Lebanon protests turn violent over failing economy
Angered by the deteriorating economy, protesters attack banks in Tripoli in northern Lebanon.
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US dollar off to its worst start in 50 years in 2025
In the opening half of 2025, the U.S. dollar dropped a dramatic 10.8%—its steepest decline in over five decades. The slump reflects investor concerns over President Trump’s aggressive tariff agenda, spiraling national debt, and mounting...
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US Dollar Dips As Tariff Storm Looms
In the opening half of 2025, the U.S. dollar dropped a dramatic 10.8%—its steepest decline in over five decades. The slump reflects investor concerns over President Trump’s aggressive tariff agenda, spiraling national debt, and mounting...
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Libyan currency crisis worsens with fake notes, inflation and growing public mistrust
Libya's central bank recalls banknotes printed in Russia, citing counterfeits. This may weaken the dinar & worsen economic woes for Libyans.
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Kimchi bonds: risk or reward for Korean economy?
In a bold move to strengthen foreign exchange liquidity, South Korea has lifted a 14-year ban on local institutions investing in Kimchi bonds — non-won-denominated bonds issued domestically. This strategic decision follows the South...
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Ethiopia to post faster growth despite debt, inflation
Finance Minister Ahmed Shide told parliament that the economy was forecast to expand 8.9% in fiscal year 2025/2026. It had been originally projected to grow 8.4%
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RBI's record dividend strengthens India’s finances
The Reserve Bank of India recently revised its reserve rules to ensure a steady and reliable flow of dividends to the government, reinforcing the central bank’s role in supporting fiscal stability. This move comes as part of broader...
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Nigeria economy: Workers say wages aren't meeting demands
Millions of Nigerian workers are struggling with low wages and demanding work.
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Libya devalues currency for first time in four years amid fiscal strain
The exchange rate for the dinar has now been set at 5.5677 to the US dollar, effective immediately.
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Diplomatic deadlock deepens Iran’s currency crisis
Iran’s currency, the rial, has fallen below the key psychological threshold of 1 million per US Dollar, hitting a new record low. The steep decline follows four rounds of US Sanctions on iran’s oil exports since President Donald Trump’s...
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India's rupee shines in Asia's currency race
The Indian rupee surged to its highest level in nearly 3 months, marking a strong comeback after a turbulent start to the year. With 9 consecutive sessions of gains, the currency erased almost all of its earlier losses, standing out as...
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American lawmaker proposes $250 Trump banknote
A Republican Congressman from South Carolina has floated a bold idea of creating a new $250 bill featuring U.S. President Donald Trump’s image.
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Bangladesh eyes freer currency amid economic challenges
Bangladesh Bank has introduced a new currency strategy to stabilize the Taka, which has underperformed most Asian currencies in 2025. The new approach involves daily recalibration of the exchange rate, moving closer to a freely floating...
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Iran's economy minister at risk of dismissal
Iran's economy is facing a severe crisis as the national currency, the rial, continues its sharp decline. Since July 2024, the rial has lost nearly 50% of its value, trading at over 900,000 to the US Dollar.
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The Geopolitics of Currency: Why the dollar still rules
US President Donald Trump has declared BRICS "Dead". This comes just months after repeatedly threatening 100% tariffs on its members over "de-dollarization" efforts. But why is Trump so concerned about BRICS? Why does the US see any move...
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Russia Offers Iran Help To Rebuild Destroyed Nuclear Sites; Big Announcement By Lavrov
Russian foreign minister Sergey Lavrov on Monday announced that Russia is ready to "supply Iran with enriched uranium for peaceful nuclear use." This after Israel and United States bombarded Iranian nuclear sites, causing severe damage...
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A gold heist unfolds in real time
A seemingly routine shipment being picked up at the Air Canada cargo facility in April 2024 is alleged to be the largest gold heist in Canadian history.