Feature Turkish Lira dips to record low post-election Aya El Sayed Apr 1, 2024 0 The Turkish lira fell to a record low of 32.4328 per dollar, a 0.2 per cent drop, following a surprising defeat for…
Feature Swiss firms seek central bank support amid strong franc Aya El Sayed Mar 18, 2024 0 Swiss industries are calling on the country’s central bank to shift its focus from combating inflation to…
Money Egypt in talks to allow barter trade with Russia, Turkey, African countries Aya Anwar Nov 12, 2023 0 Egypt is considering implementing trade exchange operations with Russia, Turkey, and some African countries through…
Money Banque du Caire launches central security unit Sama Mousa Sep 14, 2023 0 Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
Banks China’s lending rates keep unchanged for 6th months in row Yassmine Elbehnaihy Feb 21, 2023 0 China keeps benchmark lending rates unchanged for the sixth month this February, as the one-year loan prime rate…
Money Egypt’s net foreign reserves rise to $38.3 bln in July – CBE Amwal Al Ghad English Aug 6, 2020 0 Egypt’s net foreign reserves increased slightly to $38.315 billion in July from $38.202 biilion in June, the…
Money Egypt’s annual core inflation declines to 1% in June: CBE Ahmed Ali Jul 11, 2020 0 The annual core inflation rate reached 1 percent in June, down from 1.5 percent in May last year, the Central Bank…
Money Egypt sells $509 mln in one-year dollar T-bills – c.bank Amwal Al Ghad English Jun 9, 2020 0 Egypt sold $509.3 million in one-year, dollar-denominated T-bills on Tuesday at an average yield of 3.45 percent,…
Money Egypt’s M2 money supply accelerates to 15.62% in April – CBE Amwal Al Ghad English Jun 1, 2020 0 Egypt’s M2 money supply growth accelerated to 15.62 percent year-on-year in April, according to the central bank…
Money Turkey cuts interest rates amid coronavirus crisis in effort to boost recovery Amwal Al Ghad English May 21, 2020 0 Turkey’s central bank cut interest rates by 50 basis points on Thursday, in a move economists say was likely…