$10 router blamed in Bangladesh bank hack
Hackers managed to steal $80m (£56m) from Bangladesh's central bank because it skimped on network hardware and…
Browsing Tag
central bank
Egypt low-income citizens can apply for 500,000 affordable housing units: Minister
Egypt’s housing ministry announced on Thursday that low-income citizens will be able as of Saturday to purchase…
UAE allocates $4 bln to Egypt; to c.bank and investments: Reports
The United Arab Emirates has pledged $4 billion to Egypt, half as a deposit in the central bank and the other half…
Egyptian pound continues decline on black market
The Egyptian pound dropped again against the dollar on the black market on Wednesday, extending its recent decline…
Egypt’s banks pumped US$225mn among CBE’s mortgage initiative in 2 years
Egypt’s local banks injected 2 billion Egyptian pounds (US$225 million) in favour of the central bank's low-income…
Bangladesh demands FBI’s help in investigating central bank heist
Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation to track down the cyber…
Asian stocks lifted by Wall Street gains
Asian shares began a central-bank focused week on firm footing on Monday, buoyed by gains on Wall Street as well as…
Egyptian pound steady at forex sale, weaker on black market
The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but weakened…
China’s yuan flat, central bank keeps firm hand ahead of G20
China's yuan barely budged against the dollar on Monday as the central bank kept holding the line via a steady…
Excessive loosening of China’s monetary policy would increase yuan pressure
Excessive loosening of monetary policies in China would create asset bubbles and increase downward pressure on the…