Egypt News Egypt initiates economic reforms amid global challenges – FinMin Nada Ali May 20, 2024 0 Egypt has initiated economic reforms to address challenges and reduce risks from global and regional crises for…
forex news Japanese yen strengthens amid slowing US inflation Nada Ali May 16, 2024 0 The Japanese yen has seen a two-day rally on Thursday, bolstered by data released on Wednesday indicating a…
Featured EGP closes high on Tuesday – CBE Aya El Sayed May 14, 2024 0 The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Featured EGP stable against USD in Wednesday early trade M.S. Salama May 8, 2024 0 The Egyptian Pound (EGP) remained within Tuesday’s closing rates against the US Dollar (USD) on Wednesday, May 8,…
Money China’s c. bank widens yuan gap to prevent currency decline Nada Ali Mar 28, 2024 0 China's central bank set the yuan fixing at a wider gap against Reuters' estimate, the largest in nearly five…
Featured Egypt poised to receive up to $50 billion in FDI M.S. Salama Mar 22, 2024 0 The Egyptian market is gearing up to receive the largest foreign exchange inflows, amounting to approximately $50…
International News Google Malaysia apologises for misquoting currency Nada Ali Mar 18, 2024 0 Google Malaysia apologised for misquoting the ringgit's exchange rate against the dollar after the central bank had…
Banks Egypt’s c. bank’s recent decisions eliminate FX parallel market Nada Ali Mar 6, 2024 0 The Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate…
Banks Foreign firm deposits $25m into Banque Misr after CBE’s decisions Aya El Sayed Mar 6, 2024 0 A foreign company deposited $25 million in Egypt's Banque Misr on Wednesday, in a move that proves trust in the…
Africa News Nigeria devalues currency for 2nd time Aya Anwar Feb 1, 2024 0 Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…