Money China’s c. bank widens yuan gap to prevent currency decline Nada Ali Mar 28, 2024 0 China's central bank set the yuan fixing at a wider gap against Reuters' estimate, the largest in nearly five…
Feature Egypt poised to receive up to $50 billion in FDI M.S.Salama Mar 22, 2024 0 The Egyptian market is gearing up to receive the largest foreign exchange inflows, amounting to approximately $50…
International News Google Malaysia apologises for misquoting currency Nada Ali Mar 18, 2024 0 Google Malaysia apologised for misquoting the ringgit's exchange rate against the dollar after the central bank had…
Banks Egypt’s c. bank’s recent decisions eliminate FX parallel market Nada Ali Mar 6, 2024 0 The Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate…
Banks Foreign firm deposits $25m into Banque Misr after CBE’s decisions Aya El Sayed Mar 6, 2024 0 A foreign company deposited $25 million in Egypt's Banque Misr on Wednesday, in a move that proves trust in the…
Africa News Nigeria devalues currency for 2nd time Aya Anwar Feb 1, 2024 0 Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Banks Nigeria’s naira falls to record low vs U.S. dollar Aya Anwar Jan 29, 2024 0 Nigeria's naira fell to as low as 1,421 against the dollar on the official market on Friday, according to FMDQ…
forex news Egyptian pound’s fixed against U.S. dollar Norhan Adel Mar 27, 2023 0 The Egyptian pound has recorded 30.85 against U.S. dollar on Monday, maintaining its price range right below 31…
Egypt News Egypt’s pound maintains position against dollar Norhan Adel Mar 26, 2023 0 Egypt’s pound currency has recorded 30.85 Egyptian pounds against the one U.S. dollar during trading on Sunday,…
Money Hisham Ezz Al-Arab: Flexible currency helps Egypt absorb external shocks Yomna Yasser Dec 18, 2022 0 Flexible currency makes it easier for a country to absorb external shocks, said Egyptian veteran banker Hisham Ezz…