Dollar steady in light trade before Christmas
The dollar held steady on Friday, lingering about half a percent below a 14-year peak set earlier this week, as…
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Trump says US should refuse to take back drone seized by China
President-elect Donald Trump continued to use social media to poke at China Saturday, saying on Twitter that the…
Venezuela delays 100-bolivar banknote withdrawal
Venezuela's President Nicolas Maduro has delayed the withdrawal of the 100-bolivar banknote until 2 January. The…
Is Taiwan a bargaining-chip for Trump on China?
Donald Trump's dispute with China over Taiwan has refocused attention on his combative approach to Beijing. The…
China, Egypt sign 3-yr 18bn yuans bilateral currency swap
China's central bank has signed an 18 billion yuan ($2.62 billion) three-year bilateral currency swap with Egypt's…
Uzbekistan election: Who will win, what does it mean?
Uzbekistan is voting to elect a new president following the death of Islam Karimov, the only leader the country has…
NTRA may revise international portal licence prices on Egypt pound float move: sources
Egypt’s telecoms regulator the National Telecommunications Regulatory Authority (NTRA) may consider revising prices…
Egypt gets closer to IMF loan with China currency swap deal
Egypt has reached a currency swap agreement with China valued at $2.7 billion, moving closer to meet the terms…
Dollar underpinned by Fed rate expectations, Aussie shines
Underpinned by expectations U.S. rates will rise by the year-end, the dollar held steady in Asia trading on…
CBE keeps EGP unchanged vs dollar, contradicts flotation forecasts
The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…