Browsing Category
forex news
Gold struggles for Positive Ground ahead of Fed Meeting
Gold meandered lower on Tuesday as traders faced a full slate of economic data ahead of the next day’s key Federal…
China to Cut Retail Price of Gasoline and Diesel
China will cut retail prices for gasoline by 365 yuan ($58) per tonne and for diesel by 350 yuan ($56) per tonne…
Oil gave up early gains with Brent futures slipping below $48 on Tuesday as a stronger…
Oil gave up early gains with Brent futures slipping below $48 on Tuesday as a stronger dollar weighed, offsetting…
Venezuela’s currency woes an increasing threat to U.S. corporate profits
Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency…
Dollar to hit EGP 8 by the End of June: Emirates NDB
The Egyptian pound is expected to further weaken against the US dollar, to reach EGP 8 by the end of June, if not…
Favourable Economic Winds help Egypt As Pound depreciates to Court Investors
Egypt will likely avoid the inflationary implications of a weaker currency as the pound depreciates ahead of a much…
Egypt’s Pound weakens for Third Straight Day to 7.29 per Dollar
Egypt's pound weakened to 7.29 per dollar at an unscheduled central bank auction on Tuesday from 7.24 a day…
Russia’s rouble crisis poses threat to nine countries relying on remittances
Russia’s rouble crisis is posing a major threat to countries along its southern fringe, whose economies rely…
Egypt’s Pound hits Weakest Official Level since December 2012
The central bank let the Egyptian pound depreciate on the official market for the first time since July, allowing…
Foreign Currencies Vs Egypt Pound – Early Sunday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early…