Financial Institutions Egypt’s top FX firms collect EGP 11.9b after flotation decision Nada Ali Apr 8, 2024 0 The exchange firms associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have collected…
Feature Egypt FX firms’ revenues hit EGP 4.18b since flotation Aya El Sayed Mar 20, 2024 0 Following the recent decisions by the Central Bank of Egypt, the foreign exchange companies of the three largest…
Feature China boosts liquidity via ¥5b reverse repo Aya El Sayed Mar 19, 2024 0 The People's Bank of China (PBC) announced on Tuesday that it injected 5 billion yuan into the banking system…
Money Egypt’s major FX firms collect EGP 3.5b since flotation Nada Ali Mar 19, 2024 0 Egypt’s Al Ahly and Misr exchange firms have collected 3.544 billion Egyptian pounds in Arab and foreign currencies…
Money Swiss National Bank to start rate cuts earlier than expected Aya Anwar Mar 18, 2024 0 The Swiss National Bank (SNB) is anticipated to initiate interest rate reductions earlier than previously…
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…
Egypt News Egypt’s monetary policy heads in right path – Ezz Alarab M.S.Salama Mar 15, 2024 0 Egypt's monetary policy is heading in the right path, according to Hisham Ezz Alarab, Board Chairman of Egypt's…
Banks China infuses RMB 3b to sustain liquidity Aya El Sayed Mar 13, 2024 0 The People’s Bank of China announced on Wednesday that it conducted reverse repo operations with a total value of…
Feature Egypt’s PM praises CBE’s decisions Aya Anwar Mar 6, 2024 0 Mostafa Madbouly commended the Central Bank’s decisions amid transitioning towards a flexible framework for…
Feature Egyptian pound rises in parallel market Aya El Sayed Feb 5, 2024 0 The Egyptian pound (EGP) has seen a significant rise in value on the local black market for U.S. dollars (USD),…