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Forex
EGP closes slightly higher against USD on Tuesday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Yen weakens as Japan election results raise uncertainty
Japanese yen dropped to a three-month low on Monday after Japan's ruling coalition lost its parliamentary majority…
S. Africa’s rand slightly down on Monday
The South African rand weakened slightly in early Monday trade, with the dollar recovering after last week's dip on…
Oil declines on Tuesday
Oil declined as indicators pointed to a softer market despite heightened geopolitical tensions ahead of an OPEC+…
Zimbabwe to implement new measures to save currency
Zimbabwe is about to unveil new measures to support its currency amid the decline in both the official and the…
Shell plans to develop N. Sea gas field
Shell has fanatically approved the development of the Victory gas field in the North Sea, increasing the company's…
Oil prices up in early Thursday trade
Oil prices increased in early trade on Thursday as Brent crude rose 38 cents, or 0.5 per cent, to $78.63 a barrel…
Gold reaches a two-week peak on a weaker dollar, Fed minutes are in focus
Gold prices increase amid a weaker dollar and lower Treasury yields as investors wait for the Federal Reserve’s…
Oil prices probably will not go up in the coming months
Oil prices are expected to not go up any time soon, according to a new analysis from Julius Baer, demand is…
Egypt’s demand for gold shoots up 300% in Q2 of 2023
Egypt's demand for gold bars and coins surged more than 300 percent year-on-year to over 10 tons in the second…
Gold prices ease on stronger dollar awaiting US Fed decision on interest
Gold prices decreased on Monday as U.S. dollar rose, and investors positioned for a series of major central bank…
Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
Egypt’s pound currency is now under the forces of supply and demand since October 27 when the central bank moved to…
Gold prices in Egypt on May 10
Gold prices today in Egypt increased on Tuesday as the global prices of the yellow metal stood at $1862.69.
Turkish lira edges up from record low on central bank pledge
The Turkish lira pulled back on Tuesday from a record low of 7.24 a day earlier after the central bank pledged to…
Oil prices expected to increase as ‘sharply’ from now on: IEA
The International Energy Agency says a recent hike in the oil price could soon start to ease, helping to alleviate…
Pound sterling rises as UK PM May wins parliament vote on Brexit
The British pound rose on Tuesday after U.K Prime Minister Theresa May saw off a rebellion in parliament over…
Bitcoin notches two-month low amid cryptocurrency exchange hack
Bitcoin eased further on Wednesday in the awake of its initial fall after the weekend announcement that South…
Turkey’s lira remains volatile as more measures to stem rot unveiled
Investors were torn how to respond to the recent set of measures from Turkey to quell its currency crisis.