UAE renews 35bn yuan currency swap deal with China
China and the United Arab Emirates have renewed their local currency swap agreement for a further three years, with…
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currency
Egypt’s pound steady at first forex auction under new c.bank governor
Egypt's central bank held the pound steady at 7.7301 pounds to the dollar Sunday at the first official foreign…
Cabinet controls prices of 10 commodities as Egypt’s inflation rises
Egypt is to control the prices of 10 commodities as the state tries to keep inflation in check amid a shortage of…
Egypt’s pound steady at auction and on parallel market
Egypt's central bank kept the pound steady at 7.7301 to the dollar at its official foreign currency auction…
Yuan takes leap toward joining IMF currency basket
China's yuan moved closer to joining other top global currencies in the International Monetary Fund's benchmark…
Egypt Strengthens Currency Amid Disruptive Dollar Shortage
Egypt's central bank strengthened the pound on Wednesday for the first time since 2013, injecting dollars into a…
Asian stocks advance on China rate cut, U.S. tech earnings
Asian stocks on Monday were close to wiping out all their losses since China's shock currency devaluation in…
China jumps to fourth most-used world payment currency, overtakes yen – SWIFT
China's yuan became the fourth most-used world payment currency in August, overtaking the Japanese Yen, global…
China to curb yuan speculation amid reform push
China is studying plans to curb currency speculation even as it seeks to quicken the process of making the yuan…
Global concerns may shrink Wall Street’s third-quarter estimates
Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push…
