Featured Putin: over 80% of trade between Russia, China carried out in Rubles, Yuan Nada Ali Jul 4, 2023 0 Russian President Vladimir Putin said on Tuesday that 80 percent of China's trade transactions are in yuan and…
Banks AfDB grants Egypt $345 mln partial credit guarantees to boost green initiatives Nada Ali May 21, 2023 0 The African Development Bank Group’s (AfDB) board has approved on Saturday Egypt’s Partial Credit Guarantee of $345…
Banks Egypt’s gold reserves record $7.372bln in February – central bank mohamed Hamdy Mar 6, 2023 0 Egypt’s gold reserves, a major component of foreign cash reserves reached $7.372 billion at the end of February,…
Money Egypt plans to issue first panda bonds current FY-end Amwal Al Ghad English Dec 5, 2022 0 Egypt aims to issue its first panda bonds by the end of this financial year, its Deputy Finance Minister Ahmed…
Money China’s central bank alerts against yuan speculation Esraa Ibrahim Sep 29, 2022 0 The People’s Bank of China alerted on Wednesday against betting on the yuan, after its rapid drop against the U.S.…
Banks China’s foreign exchange reserves jump to $3.104 trillion – SAFE Nada Ali Aug 7, 2022 0 China's foreign exchange reserves unexpectedly increased about $3.104 trillion in July, up by 1.07 percent over…
Money Egypt plans to issue Chinese yuan-dominated bonds: minister Mostafa Mahmoud May 11, 2022 0 Egypt plans to issue its Chinese yuan-dominated bonds, a step aimed to diversify funding for the economy and…
forex news Dollar slides as US jobs data dents Fed tightening outlook; yuan on back foot Amwal Al Ghad English Dec 10, 2018 0 The dollar slid almost half a percent against the euro and the yen on Monday after soft U.S. payrolls data fueled…
forex news Renewed hopes for US-China trade talks cap dollar, support yuan Amwal Al Ghad English Sep 13, 2018 0 The dollar was firmly capped while the Chinese yuan advanced on Thursday after news that Washington was seeking a…
World Asian markets advance with China leading the charge; yuan falls Amwal Al Ghad English Jul 24, 2018 0 Asian markets advanced on Tuesday, with China outperforming regional markets, as investors kept an eye on bond…