Egyptian lender CIB lowers limits once again on debit cards
Egypt's largest listed bank, Commercial International Bank (CIB), has tightened limits on pound-linked debit cards…
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dollar
Dollar weaker against yen as U.S. data quash rate hike bets
The dollar fell to its lowest in more than a week against the yen on Wednesday as subdued U.S. data made an…
Asia stocks hit 1-year high as soft U.S. data quells Fed hike talk
The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services…
Dollar dips vs yen after BOJ’s Kuroda disappoints easing bets
The dollar slipped against the yen on Monday, after the head of the Bank of Japan disappointed those investors who…
Oil prices reverse early losses, but glut worries cap gains
Crude prices reversed early losses on Monday as the dollar lost its momentum, but persistent concerns over a global…
Oil up 3 percent as U.S. jobs data hits dollar; tumbles on week
Oil settled up nearly 3 percent on Friday after a weak U.S. jobs report hurt the dollar and boosted commodities,…
Dollar gains as rate hike still viewed as likely
The U.S. dollar gained on Friday, erasing earlier losses, as investors viewed the Federal Reserve as still likely…
51% of Egypt’s external debt owed to seven countries: CBE
37.3 percent of Egypt’s external debt comes from the Arab countries, mainly Saudi Arabia, Kuwait, and the UAE, a…
Dollar hits one-month high vs yen on Fed rate hike bets
The dollar hit a one-month high against the yen on Wednesday as investors reversed bets made against the greenback…
Nikkei rises to over 2-wk closing high on weak yen; Topix hits 6-wk high
Japanese stocks rose on Wednesday in heavy trade, led by exporters and financials as the dollar stood tall against…