Argentina slashes benchmark rates to 80%
Argentina’s central bank has reduced its benchmark interest rate from 100 per cent to 80 per cent, which aligns…
Egypt’s currency FX rate hits 46.45 against dollar
Egypt's pound currency weakened on Wednesday to a new low of 46.45 Egyptian pounds against the US dollar, according…
CBN’s governor challenged by rate decision
Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
TMG, ADQ, Modon Properties collaborate for Ras Al Hekma mega project
Egypt's Talaat Moustafa Group (TMG) announced an agreement with Abu Dhabi’s ADQ Dhabi and Modon Properties for…
Bank of Korea keeps rate at 3.50%
The Bank of Korea (BOK) kept the interest rate unchanged at 3.50 per cent for the intermeeting period, despite a…
Nigeria’s unemployment rate surges 5%
Nigeria’s unemployment rate rose by 5 per cent in the third quarter of 2023 due to a crisis in the cost of living…
Yen decline challenges BOJ on rates decision
The sharp decline of the yen below 150 against the dollar complicates matters further for the Bank of Japan (BOJ).
China’s c. bank set to keep rates unchanged
China's central bank is likely to keep the key policy rate unchanged when renewing the maturity medium-term loans…
Hedge fund billionaire Bill Ackman, wife buy 4.9% stake in Tel Aviv Stock Exchange
Hedge fund billionaire Bill Ackman and his wife Neri Oxman have bought a 4.9 per cent stake in the Tel Aviv Stock…
Egypt’s Mercantile Exchange plans to offer some agricultural products, minerals soon
Egypt’s Mercantile Exchange (EMX) plans to start offering a number of agricultural and petroleum products, food…
