USD stays flat against EGP at Wednesday’s market opening
The US dollar remained stable against the Egyptian pound at the opening of the market on Wednesday, April 3, 2024.
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Russian market ups at Wednesday’s opening
The Russian stock market saw a rise as trading commenced on Wednesday on the Moscow Exchange, TASS reported.
European stocks on hold ahead of key inflation data
European shares remained steady on Wednesday, with the STOXX 600 showing no change by 0715 GMT, as investors…
ECB eyes June rate cut, awaits Fed’s move
The European Central Bank (ECB) could begin reducing interest rates as early as June, given the faster than…
EGP closes at 47.11 against USD on Tuesday
The Central Bank of Egypt (CBE) reported the closing rates for the US dollar against the Egyptian pound on Tuesday.
Swedish central bank proposes $4.05b capital injection
The Swedish central bank, Riksbank, proposed a capital injection of 43.7 billion Swedish crowns ($4.05 billion) to…
Multinationals seizing green opportunities in China
China's pledge to achieve carbon neutrality by 2060 is drawing foreign businesses, with Danish Danfoss capitalising…
China’s Inner Mongolia achieves new energy milestone
Inner Mongolia, an autonomous region in North China, set a record by becoming the first provincial-level region in…
Bank of Russia sells currency worth RUB 7.1b
The Bank of Russia reported the sale of currency worth 7.1 billion rubles ($76.7 million) in the domestic market,…
Eurozone cuts short-term inflation forecast to 3.1%- ECB
Eurozone consumers lowered their near-term inflation expectations to 3.1 per cent for the coming year, down from…