CBE Deputy Governor explains dollar cap increase to reguators
Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations and…
Browsing Tag
dollar
Oil edges down; weak China trade data drags
Brent and U.S. crude futures edged lower on Monday as the dollar regained ground and as weak Chinese trade data…
Dollar logs second straight weekly loss against yen
The U.S. dollar firmed against the euro and yen on Friday after better-than-expected retail sales suggested…
Egypt central bank says it injected $14 bln in three months to ease dollar crunch
Egypt's central bank has injected over $14 billion dollars into local banks over the past three months to…
Yen, bonds, gold all gain at dollar’s expense, stocks sag
Fresh cracks appeared in global markets on Thursday as investors sought the safety of Japanese yen, gold and…
Asia stocks drop as bank concerns smoulder, yen stands tall
Asian stocks fell on Wednesday on growing concerns about the health of the world's banks, particularly in Europe,…
Dollar skids to lowest versus yen since Nov 2014
The dollar skidded to its lowest levels against the yen since November 2014 on Tuesday, as a sell-off in European…
Dollar falls under 115 yen to lowest level since Nov 2014
The dollar slid to its lowest level against the yen since November 2014 on Tuesday, as a sell-off in equities…
Egypt to set 2016-17 budget at devalued exchange rate – Reuters
Egypt is preparing its 2016-2017 budget on the basis of an exchange rate of 8.25 Egyptian pounds to the dollar, as…
Dollar enjoys post-payrolls glow as Asia celebrates Lunar New Year
The dollar extended its post-payrolls gains on Monday in a sluggish start to the week with the Lunar New Year…