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125

Q:

Which country has recently devalued its currency?

  • 1
    Iraq
  • 2
    Pakistan
  • 3
    Bhutan
  • 4
    Egypt
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Answer : 4. "Egypt"
Explanation :

Egypt has devalued its currency for the fourth time since the beginning of 2022, after a huge interest rate hike by the central bank. Egypt has devalued its currency by more than 35%. Egypt is a country connecting North-East Africa with the Middle East. Its capital is Cairo and its currency is the Egyptian pound.

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