Browsing Category
The Watch
Hassan Abdalla: Egypt’s central bank plans to launch currency hedged indicator
Egypt's central bank plans to launch a currency hedged indicator as part of a hedging mechanism to protect against…
Egypt c.bank to allow new derivatives to build market for currency hedging
Egypt’s central bank will allow new currency derivatives to unlock liquidity in the local market, making available…
British pound climbs as government makes U-turn on tax cut plan
Britain's pound sterling rebounded although UK stocks opened weak on Monday, after the government said it was…
Gold up on softer dollar but rate-hike fears curb gains
Gold prices inched higher on Monday on a softer dollar, although central banks worldwide retained their aggressive…
China’s central bank alerts against yuan speculation
The People’s Bank of China alerted on Wednesday against betting on the yuan, after its rapid drop against the U.S.…
Gold prices in Egypt on September 29
Gold prices in Egypt rose on Thursday as the global prices of the yellow metal recorded $1,641.61.
Dollar jumps high, sterling dips
Dollar jumped high to a two-decade peak on Wednesday as rising global interest rates fed recession worries, while…
Gold prices in Egypt on September 28
Gold prices in Egypt inched down on Wednesday as the global prices of the yellow metal recorded $1,632.4.
Gold prices decrease on firmer dollar, hawkish Fed talk
Gold prices dropped on Wednesday.