Browsing Category
forex news
EGP weakens vs USD on Sunday
The Egyptian pound (EGP) weakened slightly against the US dollar (USD) on Sunday, with exchange rates varying…
China’s yuan expected to stabilise, strengthen – PBC
The foundation for maintaining a "basically stable" yuan exchange rate remains "solid," according to an article…
Indian rupee hits record low amidst yuan weakness
The Indian rupee hit a new all-time low on Wednesday due to a decline in the Chinese yuan and increased dollar…
EGP declines vs. USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Chinese yuan weakens on speculation of potential devaluation
The Chinese yuan weakened significantly on Wednesday following reports that Beijing is considering allowing the…
EGP swings against USD in early trade
The Egyptian pound (EGP) showed fluctuations against the US dollar (USD) during early trading on Wednesday,…
Gold set to extend record rally into 2025 amid rate cuts, dollar weakness: Heraeus
Gold's remarkable run is expected to continue into 2025, driven by further interest rate cuts from major central…
EGP closes high vs. USD on Tuesday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Sterling hits 2.5-year high against euro
The pound sterling reached its highest level against the euro in over two and a half years on Tuesday, bolstered by…
EGP fluctuates vs. USD in early Tuesday trading
The Egyptian pound (EGP) experienced volatility against the US dollar (USD) in early trading on Tuesday, December…