IMF backs flexible yen, cautious rate hikes for Japan
The International Monetary Fund (IMF) threw its weight behind Japan's commitment to a flexible exchange rate for…
Indonesia hikes rates to bolster rupiah
In a surprise move, Bank Indonesia (BI) raised interest rates on Wednesday in a bid to stabilise the rupiah…
Kenya’s c. bank keeps rates at 13%
Kenya's central bank decided to maintain its benchmark lending rate at 13.0 per cent on Wednesday, as per a MPC…
April opens with stable EGP-USD exchange
The exchange rate of the Egyptian pound to the US dollar remained steady at the market open on Monday, April 1,…
Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
H. Kong holds base rate unchanged at 5.75%
The Hong Kong Monetary Authority (HKMA) kept its base rate at 5.75 per cent in line with the US Federal Reserve's…
Egyptian pound up, USD rates slip
Egypt's pound currency's foreign exchange rate against USD experienced a slight increase at the start of trading on…
Yen slumps after BOJ ends negative rates
Japanese currency of yen fell sharply on Tuesday after the Bank of Japan (BOJ) decided to end its negative interest…
Egypt: dollar rates dip slightly at Tuesday’s open
Minor fluctuations in USD exchange rates noted by Egypt’s Central Bank at the start of trading on Tuesday, March…
Swiss National Bank to start rate cuts earlier than expected
The Swiss National Bank (SNB) is anticipated to initiate interest rate reductions earlier than previously…
