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The Moroccan dirham emerges as an alternative currency in African markets

As European banks retreat, debt balloons, and price volatility spooks central banks, Morocco's national currency is increasingly being used in continental trading.

Mohamed Sharki 01 December 2025

Employees count bundles of Yemeni Riyal banknotes at the Central Bank of Yemen in Sanaa on January 7, 2020.

Khaled Abdullah/Reuters

Politicising Yemen’s currency: new Houthi notes part of a pattern

Far from being a technicality, the militia that controls much of Yemen's west and north is using the rial and the physical expression of money to alter the state's identity.

Anwar Al-Ansi 26 July 2025

A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration

Argentina and China Formalize Currency Swap Deal

Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on…

09 January 2023

U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration

Dollar Slides on Expectations of Less Hawkish Fed, Euro at 1-Month High

The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow its interest…

26 October 2022

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Dollar Hits 20-Year High as Markets Hunker Down for Higher Rates for Longer

The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…

29 August 2022

Does the Dollar Dominance Matter for the US?

The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…

Saif Al Abri 30 April 2022

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Axel Rangel Garcia

Business & Economy

Test of wills: Iran’s ability to outlast the US blockade

26 April 2026

The standoff in the Hormuz is not simply a question of whether Tehran can survive economic pressure, but whether Washington can sustain the pressure at an acceptable cost.

Alex Vatanka

Al Majalla

Politics

Netanyahu's Iran victory claim falls on deaf ears in Israel

29 April 2026

Many Israelis actually believe that they lost the war, with opposition leader Yair Lapid accusing the Israeli premier of having led the country into "strategic collapse and diplomatic catastrophe"

Asaad Ghanem

Sara Padovan

Science & Technology

Iran’s 'mosquito fleet' presents a pesky problem

28 April 2026

The Strait of Hormuz is now poised to become the primary arena of confrontation, with Iran relying on speedboat-driven guerrilla warfare to confront the US navy.

Marco Mossad

A Syrian army soldier holds a national flag featuring Syria's President Bashar al-Assad in front of a building left in ruins on 5 June 2013 in the city of Qusayr in the Homs province.

AFP

Politics

Syria's taswiya slow roll creates a host of problems

28 April 2026

Former regime soldiers are stuck in limbo, as their undocumented status prevents them from working, travelling, and curbs family members' access to education, healthcare and social services

Haid Haid