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IMF approves $12bn bailout for Egypt

The International Monetary Fund (IMF) has given final approval to a $12bn bailout for Egypt. While almost three billion dollars have already been sent to Egypt's Central Bank, the rest will come…
9 years ago
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Is Nigeria becoming the next Venezuela?

Multiple exchange rates, a reluctance to officially devalue the currency and a forex shortage are a few similarities between Nigeria and Venezuela that have fuelled concerns that Nigeria may be on the…
9 years ago
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