Indian rupee weakens as US rate cut hopes fade
The Indian rupee fell on Monday, tracking a broader decline in Asian currencies as optimism for a US Federal…
Empowering Egypt’s expats: A national wealth deserving strategic investment
Egyptian expatriates are a major source of hard currency inflows. They have always been sending billions of dollars…
Gold nears record high as rate cuts loom
Gold prices extended their gains in Asian trade on Thursday, buoyed by expectations of interest rate cuts from the…
Gold up slightly as Fed rate cut bets rise
Gold prices edged higher in Asian trade on Wednesday, but remained confined within a two-week range of $2,300 to…
Egyptian Mercantile Exchange names Zakaria Hamza as new CEO
The Egyptian Mercantile Exchange (EMX) said on Thursday it had appointed Zakaria Hamza as the new chief executive…
Egypt’s CBE expects inflation to moderate in ’24, significantly fall in H1-25
The Central Bank of Egypt (CBE) gave bullish forecasts about the country’s inflation rates following its monetary…
URGENT: Egypt c.bank keeps interest rates steady buoyed by disinflation faith
The Central Bank of Egypt (CBE), as widely expected, left has its key interest rates unchanged on Thursday as…
Goldman Sachs expects Egypt’s c. bank to cut rates
The Central Bank of Egypt (CBE) is poised to reevaluate interest rates, marking its first review since implementing…
Nigeria’s naira decline prompts rate discussions
The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the…
China holds inyterest rates steady at 3.45%
Chinese banks kept their benchmark lending rates on Monday.
