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H. Kong holds rates steady at 5.75%
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 5.75 per cent on Thursday, aligning with the US…
Egypt eyes expansion of South Korean investments – PM
Egypt is actively seeking to expand South Korean investments in various sectors alongside current investments,…
Yen surges against dollar on intervention rumours
The Japanese yen surged against the dollar in early Asian trading on Thursday, sparking speculation of another…
EGP swings vs. USD in Thursday’s early trade
The Egyptian Pound (EGP) experienced fluctuations against the US Dollar (USD) on Thursday, May 2, 2024, leading to…
Egypt’s CBE issues EGP 5b zero coupon t-bonds
Egypt’s central bank (CBE) announced on Thursday the issuance of 546-day treasury zero-coupon bonds worth five…
Egypt’s c. bank issues EGP 55b in T-bills
The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
Gold prices hold steady on Fed pause
Gold prices held steady in Asia on Thursday after recovering from a dip, as the Fed signaled a pause in rate hikes…
Asian stocks rise after Fed eases rate hike fears
Asian stocks and US futures climbed on Thursday after the Federal Reserve downplayed the possibility of an interest…
URGENT: US Fed leaves rates unchanged
The Federal Reserve decided to leave the interest rates unchanged at 5.25-5.50 per cent on Wednesday.
US Treasury plans $125b refunding
The US Treasury Department disclosed plans for a total refund of $125 billion for the upcoming May to July quarter…