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Egypt central bank weakens local currency to 7.83 pounds to dollar
Egypt's central bank has allowed the Egyptian pound to weaken in its latest dollar auction to 7.83 per dollar from…
FOREX-Dollar nurses sharp losses after weak U.S. sales figures
The dollar wallowed around seven-week lows against a basket of currencies in Asian trading on Thursday, after weak…
Oil drops on U.S. stockpile build, global glut
Crude oil futures extended their losses on Thursday after notching up declines every day so far this week, hit by…
Crude oil treads water as oversupply, China economy concerns persist
Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous…
Dollar index wallows close to three-week low on Fed uncertainty
The dollar languished around three-week lows against a basket of currencies on Tuesday, as expectations faded that…
Oil up on bargain-hunting, but gains capped by stockpile forecast
Crude oil futures edged up on light bargain hunting on Tuesday, after U.S. and Brent crude tumbled in the previous…
China yuan rises to highest level since August’s surprise devaluation
The dollar slipped against most rivals Monday, with Chinese currency rising to its best level against the greenback…
Egyptian pound vs global currencies early Sunday trade
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian…
Dollar gets lift from higher U.S. yields
The dollar stood tall against a basket of currencies in early Asian trading on Thursday, though it remained in its…
Oil rebounds, shrugging off U.S. stockpile build
Crude oil futures rose in Asian trade on Thursday, shrugging off a surprise build in U.S. inventories as some…