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Egypt’s c.bank sees inflation to ‘decline significantly’ in Q1-25
The Central Bank of Egypt (CBE) projected in its monetary policy report on Thursday a significant drop in inflation…
URGENT: Egypt holds rates steady as inflation cools further
The Central Bank of Egypt (CBE) left on Thursday key interest rates unchanged for the third time in a row as…
US bank profits jump 11.4% in Q2
The US banking industry reported a significant increase in profits during the second quarter of 2024, driven by…
ifo Institute expects ‘zero growth’ for Germany in ’24
The Ifo Institute has revised its economic growth forecast for Germany, now projecting zero growth for 2024, down…
China to maintain accommodative monetary policy
China's central bank will continue to implement an accommodative monetary policy to support high-quality economic…
Egypt’s gold reserves surge 3.69% in August – CBE
Egypt's gold reserves, a key component of its international reserves, rose by 3.69 per cent in August, reaching…
Egypt’s c.bank governor, Qatari finance minister discuss expanded economic…
Central Bank of Egypt’s (CBE) Governor Hassan Abdalla met on Thursday with Qatari Finance Minister Ali bin Ahmed…
India to maintain 7.2% GDP growth forecast despite Q1 fall
India's first-quarter GDP growth was 6.7 per cent, below expectations, but RBI Governor is optimistic about…
URGENT: Egypt’s net FX reserves hit $46.597b in August – CBE
Egypt’s net foreign exchange reserves marginally rose to $46.597 billion by the end of August, compared to $46.488…
Mongolia’s c.bank acquires 10.3 tons of gold in 8m
The Bank of Mongolia announced on Thursday that it purchased a total of 10.3 tons of gold from legal entities and…
