Banque Misr says raised $3.3 billion after Egypt pound float move
Egypt’s second largest bank, state-owned Banque Misr has collected around $3.3 billion since the flotation of local…
Browsing Tag
dollar
Gold prices fall from seven-week high after positive US jobs data
Gold fell on Friday after hitting a seven-week high earlier this week, as the dollar rose from multi-month lows,…
Dollar prices inches up from 15-month low
Dollar inched away from a 15-month low versus a basket of currencies on Thursday, but was still looking wobbly…
Euro logs best run in five years and traders forecast there’s more to come
The euro is trading at levels not seen since January 2015 and has registered its best run in five years as dollar…
Euro logs best run in five years and traders forecast there’s more to come
The euro is trading at levels not seen since January 2015 and has registered its best run in five years as dollar…
Dollar hits 2-1/2-year low against euro on ECB bets
The U.S. dollar reached a 2-1/2-year low against the euro on Monday on month-end portfolio adjustments and…
Dollar prices struggle on policy uncertainty, political woes
U.S. dollar struggled on Monday, wallowing near a 2-1/2-year low against the euro, weighed down by U.S. political…
Egypt to lower customs dollar exchange rate to 16.25 pounds/dollar –FinMin
Egypt will lower its customs dollar exchange rate to 16.25 pounds per dollar from 16.50, effective from Tuesday,…
IMF says dollar is overvalued by 10-20%
The International Monetary Fund (IMF) said on Friday that the U.S. dollar was overvalued by 10 percent to 20…
Dollar prices decline as GDP data underwhelms
U.S. dollar was broadly lower on Friday as a combination of underwhelming U.S. economic data and political…