India has offered Egypt an undisclosed credit line to support the country's economy as it seeks to stabilise its finances in the wake of the furore around Russia's invasion of Ukraine last year. Inflation and a scarcity of foreign currency have forced a series of currency devaluations in the northeast African nation, which has also brought a rise in financial pressure.
Monday, 12 June 2023
India providing credit line to Egypt - Bloomberg News
India has offered Egypt an undisclosed credit line to support the country's economy as it seeks to stabilise its finances in the wake of the furore around Russia's invasion of Ukraine last year. Inflation and a scarcity of foreign currency have forced a series of currency devaluations in the northeast African nation, which has also brought a rise in financial pressure.
Subscribe to:
Post Comments (Atom)
-
FX Eagle Dashboard Forex System provides extraordinary trading assistance for its users. THE CURRENCY MATRIX. The indicators are all avai...
-
ICYMI: If the above video doesn’t load for you, click here to see it on TikTok! Someone on TikTok recently asked, “When is your birthday and...
No comments:
Post a Comment