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The Watch
Egypt’s pound stable against dollar
Egypt’s pound currency has recorded EGP 30.85 against the U.S. dollar during trading on Thursday.
Egypt’s gold prices rise over Fed meeting
Egyptian gold market has witnessed a spike in prices Thursday. This comes following the Fed meeting on Wednesday in…
Gold prices climb after Fed hikes rates
Following the US Federal Reserve's unanimous decision on Wednesday to raise interest rate a quarter percentage,…
U.S. banks borrow from Fed’s lending programme
U.S. banks are rushing to borrow from the lending programme of the Federal Reserve this week, as the banks have…
Lebanese lira hits a new low against US dollar
The Lebanese currency hits record low against the US dollar, 95,000 lira to one dollar, on Monday, CNN reported.
Turkish lira falls at record low near 19 against dollar
Turkey's lira weakened on Thursday to a new record low of 18.9620 against the dollar, as investors weigh the…
BREAKING: Egypt’s pound futures weaken to EGP 38 per dollar
Egypt’s pound has weakened on Tuesday and its 12-month non-deliverable forward (NDF) fell to a fresh all-time low…
Egypt’s pound weakens to EGP 30.83 to dollar at midday
Egypt’s pound currency fell to EGP 30.78 for buying and EGP 30.83 for selling at some banks during midday trade on…
BoA CEO sees U.S. technical recession by Q3
Bank of America CEO Brian Moynihan said on Tuesday that the American economy would reach a technical recession by…
Egypt’s pound weakens to EGP 100 to Kuwaiti dollar at opening
Egypt’s pound currency fell to surpass EGP 100 against the Kuwaiti dinar for selling at some banks during early…