Egypt business activity expands in June for first time in five months: PMI
Business activity in Egypt's private sector excluding oil grew slightly in June, ending five months of…
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currency
Egyptian Pound weakens to 7.63 at Official Auction: CBE
Egypt's pound weakened to 7.63 pounds per dollar from 7.53 at a central bank auction Thursday, the first official…
Venezuela’s currency woes an increasing threat to U.S. corporate profits
Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency…
Currency Black Market To Disappear Within A Year: CBE Governor
Egypt's central bank (CBE) plans to eliminate the currency black market in less than a year, Hisham Ramez, the…
Egypt Foreign Reserves Rise On One-Off Items
Egypt's foreign reserves increased by $705 million in August after a fall in July, but economists said the figures…
Iran’s Currency Falls To Record Low Against Dollar
Traders say Iran's currency has hit a record low against the US dollar in street trading. The rial dropped 5% in…
Tourism Minister Expects Return of Tourists to Near pre-Revolution Levels in 2012
Egypt's visitor numbers should bounce back to pre-uprising levels this year after a drop caused by Arab Spring…
Dollar recovers as Bernanke gave no signal of purchasing more bonds
The dollar gained support after Ben Bernanke -U.S. Federal Reserve Chairman- on Wednesday giving no signal that the…
Vietnam battles ‘gold fever’ as price soars
Stashing gold at home rather than having cash in the bank is a generations-old habit in communist Vietnam, but a…