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The Watch
EGP stable against USD in early Wednesday trade
The Egyptian Pound (EGP) remained steady against the US Dollar (USD) at the start of trading on Wednesday, August…
Oil steady on Wednesday
Oil prices steadied after a 2 per cent drop on Tuesday, with Brent below $80 per barrel and West Texas Intermediate…
EGP slightly up vs. USD on Tuesday’s close
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
EGP rises slightly vs. USD in early Tuesday trade
The Egyptian Pound (EGP) experienced a slight increase against the US Dollar (USD) as trading commenced on Tuesday,…
Malaysian ringgit forecasted to appreciate in ’24 – MIER
The Malaysian Institute of Economic Research predicts the ringgit will strengthen against the US dollar, reaching…
Dollar falls against yen on rate cut expectations
The dollar hit a three-week low against the yen on Monday as investors considered the possibility of the Fed…
Indian rupee remains stable amid dollar demand
The Indian rupee closed nearly flat on Monday, as demand from importers and foreign banks offset initial gains…
EGP closes high vs. USD on Monday
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
EGP flat vs. USD in early trade
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) as trading began on Monday, August 26, 2024.
Fed Chair hints at possible rate cuts
The US Federal Reserve Chair Jerome Powell on Friday morning (ET) signaled that the Federal Reserve might lower…
