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The Watch
Indian rupee steady amid outflows, dollar sales
The Indian rupee closed largely unchanged on Thursday, despite a strengthening in Asian currencies, as outflows…
EGP edges up against USD in early trade
The Egyptian pound (EGP) saw a minor rise against the US dollar (USD) across most banks as trading opened on…
Egypt PM dismisses rumours of IMF-recommended currency float
The Egyptian government has categorically denied recent rumors suggesting that the International Monetary Fund…
EGP slips aganist USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EGP declines vs. USD on Tuesday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Oil down on Tuesday
Oil prices declined after a nearly 2 per cent rise on Monday, amid a broader risk-off sentiment in financial…
EGP edges up against USD in early Tuesday trading
The Egyptian pound (EGP) experienced a slight increase against the US dollar (USD) in most banks as trading…
India’s c. bank sells $6.49b in forex market
The Reserve Bank of India (RBI) intervened in the foreign exchange market during August, selling a net amount of…
EGP down vs. USD at Monday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Indian rupee remains stable amid RBI interventions
The Indian rupee remained stable on Monday despite outflows, as dollar offers from state-run banks offset the…