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Oil at $80 seen as ideal in next phase, says UAE Minister
The level of $80 a barrel is seen as an ideal price for oil as the world economy moves to higher growth, the UAE…
Euro edges up but top-heavy as investors await ECB meeting
The dollar edged slightly down against the euro on Thursday, but its losses were limited ahead of a European…
Oil prices move higher on weaker dollar, hold above three-week low
Oil prices edged up in Asian trade on Thursday, gaining support from a weaker dollar to hold above a three-week low…
Egypt pound vs global currencies early Wednesday
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian…
Gulf should adjust to new oil price ‘reality’: IMF
Gulf economies need to adjust to the "new reality" of oil prices expected to remain low for some time, the…
Euro firms as prospects for ECB easing wane on solid data
The euro firmed against the dollar and yen on Wednesday after solid euro zone data tempered prospects of the…
Oil falls after industry report shows surge in U.S. crude stocks
Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude…
Euro recovers from bout of pre-ECB selling
The euro recovered from a 10-day low against the dollar on Tuesday, with a change in the mood music from European…
Egyptian pound vs global currencies early Tuesday
The table below shows the exchange rates of a number of key Arab and foreign currencies against the Egyptian pound…
Currency devaluation not to affect Egypt’s imports: minister
The devaluation of the Egyptian pound will not increase the prices of the country’s imports, which are estimated at…