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IMF advises Egypt to ease grip on currency exchange rate
Egypt should ease its grip on its currency exchange rate to boost economic growth even as reforms including a…
Brent crude oil edges above $50 after U.S. stockdraw, lower production
Brent crude oil prices edged above $50 per barrel for the first time in a week on Thursday as lower stocks in the…
Oil prices extend gains on stock-draw, U.S. crudes outperform Brent
U.S. oil prices extended gains on Wednesday on an unexpected stockpile draw and higher gasoline prices, while…
OPEC says the world will want more of its oil by 2016
OPEC on Monday predicted higher demand for its crude oil next year, sticking to its view that a strategy of letting…
Yen firms as Bank of Japan sounds upbeat, refrains from more stimulus
The yen rose broadly on Tuesday after the Bank of Japan refrained from expanding its stimulus program, with…
Oil prices mostly steady, but weak Asian economy weighs
Brent crude oil prices edged down slightly on Tuesday as Asia's economic weakness persisted, extending losses into…
Dollar inches lower as Fed countdown begins
The dollar inched lower on Monday with investors sticking to the sidelines as the countdown begins on whether the…
Oil prices dip as demand stalls, but U.S. supported by rig cut
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some…
Egyptian pound vs global currencies at early Thursday trade
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian…
Gold holds near 4-week low as fund outflows, US data weigh
Gold languished near a four-week low on Thursday, retaining sharp overnight losses, as strong U.S. economic data…