Dollar steady, markets bet on Clinton win in looming US presidential vote
The dollar steadied in Asia on Tuesday, keeping previous session gains as markets wagered on a victory for Hillary…
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central bank
Dollar index at 8-month highs as Fed rate hike looks ever more likely
The dollar edged up to a fresh eight-month high against a basket of currencies in Asian trade on Monday, buoyed by…
Gold climbs on technical buying, focus shifts to ECB policy decision
Gold prices edged up on Thursday on technical buying after touching their highest in over two weeks the session…
Banque Misr eyes 12.5% share in small business initiative in 4yrs
Egypt’s second biggest state lender, Banque Misr is arranging to take over a 12.5 percent share in a central…
Aussie dollar gains as RBA keeps quiet on currency strength
Australia's dollar was the biggest gainer among major currencies as U.S. and European traders returned from summer…
Egypt’s CBE closed 53 forex bureaus since beginning of year
A total of 53 foreign exchange bureaus have been closed since the start of the year, deputy governor at the…
EGP stable against USD in Egypt central bank’s weekly auction
The Central Bank of Egypt maintained the Egyptian pound at a stable rate of 8.78 against the US dollar at its…
Dollar shortage caused an inflationary recession in Egyptian local market
The US dollar shortage has stimulated price hikes in the Egyptian market, creating poor economic conditions that…
Egypt’s central bank examines 4 scenarios for EGP future against dollar
The Central Bank of Egypt (CBE) is looking into four scenarios for the future of the Egyptian pound against the…
CBE sells $115.6 mln at auction, keeps pound stable
Egypt's central bank kept the pound steady at 8.78 pounds to the dollar at an official foreign currency auction on…
