Turkey's central bank on Thursday stunned the markets by lowering its main interest rate even as inflation soared to a 24-year high and looks set to climb further.
Egypt's central bank governor resigned Wednesday as the Middle East's most populous nation struggles to curb inflation triggered by Russia's war in Ukraine, high oil prices and a drop in tourism.
Egypt s central bank governor resigns as economic woes mount - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.