Egypt denies plans for 10,000 pound banknote
Egypt’s Cabinet Media Centre denied reports circulating about the government’s alleged intention to issue a new…
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currency
Honda’s consolidated sales revenue falls in Q2 ’25
Honda Motor Co. reported on Wednesday a 1.2 per cent decrease in consolidated sales revenue for the three months…
Asian stocks mixed on US-India news
Asia-Pacific markets saw gains following US President Donald Trump's announcement of increased tariffs on Indian…
S. Arabia’s liquidity up by 8.3% in Nov ’24
Saudi Arabia's liquidity levels grew significantly in 2024, reaching SAR2,945,656 million by November, a 10.3 per…
Kenyan private sector growth slows in Dec ’24 – PMI
Kenya’s private sector ended 2024 with marginal growth, as the Stanbic Bank Kenya Purchasing Managers’ Index (PMI)…
Nigerian private sector shows signs of recovery in Dec ’24 – PMI
The Nigerian private sector experienced a notable rebound in December 2024, with the Purchasing Managers’ Index…
Indian rupee dips amid election jitters
The Indian rupee began the week slightly weaker, in line with other Asian currencies, amid concerns about the…
Zimbabwe to implement new measures to save currency
Zimbabwe is about to unveil new measures to support its currency amid the decline in both the official and the…
Egypt to continue to enjoy ‘strong support’ from IMF: Georgieva
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva confirmed on Sunday that Egypt would…
Israeli shekel falls to 8-year low
The Israeli shekel fell on Monday to an almost eight-year low against the U.S. dollar due to the ongoing war…
Dollar firm as markets get ready for another big Fed rate hike
The dollar firm kept below a two-decade high versus major peers on Tuesday.
Dollar exchange steady at Egypt’s major banks
The US dollar exchange rate was flat during Wednesday's transactions at Egypt's major banks.
Euro climbs due to ECB signals, weakening dollar
The euro climbed to a more than three-week peak versus the dollar on Monday.
Sterling jumps due to new UK PM’s energy bill plans
Sterling jumped 0.6 percent toward the dollar in early trade on Tuesday as the new British Prime Minister Liz Truss…
Rouble rises in early Moscow trade
The rouble rose 60 against the dollar and euro in early Moscow trade on Tuesday.
Iran seen slashing four zeroes from its spiraling currency
Iran is moving to dramatically devalue its currency amid climbing inflation for the country gripped by punitive…
Dollar stalls, pound steadies after May wins no-confidence vote
The dollar took a breather on Thursday following its recent strong gains against key rivals, while sterling…
European stocks inch higher ahead of crucial Brexit vote; Italian banks struggle
European stocks registered some late buying on Tuesday, as market participants braced for a showdown in Westminster…
Dollar totters as US politics, Fed worries weigh
The dollar was down against most of its peers on Wednesday, pressured by a cocktail of negative factors including…
Egypt’s c.bank to end forex repatriation mechanism
Egypt’s central bank (CBE) said on Wednesday it has decided to terminate the foreign exchange repatriation…
Euro set for biggest weekly decline in a month on PMI data, oil fall
The euro slumped half a percent on Friday on signs that economic growth could be slowing across the euro zone with…
Asian markets retrace some losses; oil closely watched after OPEC warns on output
Asian markets retraced some of their early losses Monday morning but investors remained wary about global risks…
Dollar edges back up, yen slips from recent one-month high
The U.S. dollar edged up on Tuesday after it was dented by weak U.S. retail sales data overnight, while New…
Dollar weakens, yen at October highs after US stocks slide
U.S. dollar, usually seen as a safe haven in turbulent times, surprised some currency strategists on Thursday by…
Dollar hits 11-month high vs yen as upbeat US data, hawkish Fed boost yields
The dollar hit an 11-month high against the yen and stood tall against other its peers on Thursday, boosted by a…
Shares in Europe to open slightly higher; Italy spending in focus
Shares in Europe are set to open slightly higher on Wednesday, as markets player keep an eye on Italian politics…
Dollar falls vs yen as Canada trade deal’s boost to risk appetites fades
Dollar retained gains against a basket of currencies on Tuesday while slipping off a more than 10-month peak…
Dollar treads water before Fed, outlook clues eyed
The dollar kept to tight ranges on Wednesday as investors focused their attention on the Federal Reserve's policy…
Dollar falls as Powell reaffirms rate-hike policy
The dollar index fell to a session low on Friday after Federal Reserve Chair Jerome Powell said steady rate hikes…
Pound frail on concerns over no-deal Brexit, dollar steady
The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a…
Euro prices firm as Italy concerns ease; dollar holds upper hand on yen
Euro prices were supported by signs of stability in Italian politics and the dollar maintained an uptrend against…
Euro prices win reprieve as Italy moves to ease political turmoil
Euro prices won a reprieve on Thursday, holding on to the strong gains it made on Wednesday, as Italian leaders…
Dollar prices inch up vs yen as US-China trade war fears recede
The dollar advanced against the yen on Monday, after U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war…
Euro prices extend gains as dollar rally loses steam
Euro prices headed for a third successive day of gains on Monday as a weak dollar helped the single currency recoup…
Dollar stands tall over euro, stabilizes after Trump’s Iran nuclear deal decision
Dollar prices stood tall over the euro on Wednesday as concerns about Italian political turmoil hurt the common…
Dollar steady near 4-month highs, awaits Fed and data for fresh cues
Dollar held steady near 4-month highs on Tuesday, awaiting the Federal Reserve's policy decision and key U.S.…
Dollar sags on Fed’s rate hike views, pound hits 7-week high before BoE
The dollar prices struggled against its peers on Thursday after the Federal Reserve indicated it was more likely…
Bitcoin bounces $700 capping wild weekend that brought it below $7,400
Bitcoin prices rallied back by more than $700 in less than three hours during late Sunday trading, capping off a…
Dollar starts week little changed as market looks to Fed, political risks
The dollar prices started the week little changed on Monday as traders set sights on new Federal Reserve Chair…
Egypt to maintain customs exchange rate at 16 pounds per $1 in March
Egypt will maintain its current customs exchange rate of 16 Egyptian pounds per 1 US dollar, effective until the…