Ethiopia floats the birr to secure IMF support, causing a 30% drop in value.
currency devaluation
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Zimbabwe faces a steep economic challenge as food and total consumption poverty lines surge, reflecting the harsh impact of currency devaluation.
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Nigeria’s inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.
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Egypt has announced a massive social protection package worth over $26 billion to help its citizens cope with the soaring cost of living amid a looming currency devaluation. The package, …