For first time ever, Egyptian Pound wane to 11 against Dollar on black market
The Egyptian pound weakened on the parallel market on Tuesday reaching EGP 11 against the dollar at a time when…
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Asian shares scale fresh four-month highs; dollar up
Asian stocks rose to their highest levels in more than four months on Thursday and regional currencies weakened led…
IMF supports move to negative rates by some central banks
The International Monetary Fund said on Sunday that a move to negative rates by some of the world's central banks…
Cautious Yellen pushes back on Fed officials eyeing hike
Federal Reserve Chair Janet Yellen said on Tuesday the U.S. central bank should proceed only cautiously as it looks…
Bangladesh Bank weighs lawsuit against NY Fed over hack
Bangladesh's central bank has hired a U.S. lawyer for a potential lawsuit against the Federal Reserve Bank of New…
Bangladesh central bank governor resigns over cyber heist
Bangladesh’s central bank governor Atiur Rahman said on Tuesday he had resigned after $81 million was stolen from…
Dollar steadies before BOJ, Fed meetings
Currency markets were off to a relatively quiet start on Monday, stabilizing after last week's large swings, as…
Japan central bank to cut next fiscal year’s growth, price estimates
Japan's central bank is expected to cut its economic and price forecasts for next fiscal year at a quarterly review…
Egypt raises deposit cap to $1 m for exporters
Egypt's central bank raised on Monday the cap on foreign currency deposits at banks to $1 million a month for…
CBE Deputy Governor explains dollar cap increase to reguators
Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations and…
