China’s yuan edges up slightly against US dollar
The Chinese yuan saw a small gain against the US dollar on Wednesday, Xinhua reported. The central parity rate, a…
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China injects $28.16b early boost to ’24 investment plans
China is ramping up its economic stimulus by allocating over 200 billion yuan ($28.16 billion) early this year,…
Japan narrows trade deficit to $38b in March
Japan recorded a trade deficit for the third consecutive year ending in March stood at 5.89 trillion yen ($38…
Yen sinks, dollar up on Fed remarks
The US dollar edged lower on Wednesday, while the Japanese yen hovering near its weakest level in 34 years at…
UK’s March inflation drops to 3.2%
Britain's consumer price inflation rate has decreased to a two-and-a-half-year low of 3.2 per cent annually in…
Egypt to regulate unsubsidised bread prices
The price of flour has dropped by approximately 35 per cent, from 28 EGP to 18 EGP per kilogramme, following the…
US data lifts dollar, yen weakens
The US dollar strengthened against major rivals on Tuesday, reaching a five-month high against the pound and euro,…
Dollar remains steady, yen declines
The dollar remained stable on Monday, maintaining its largest weekly gain since 2022, supported by expectations of…
Egypt’s c. bank offers EGP 55b T-bills
The Central Bank of Egypt (CBE) is auctioning 55 billion Egyptian pounds in treasury bills (T-bills) on Monday,
China’s c. bank keeps MLF rate unchanged
The People’s Bank of China (PBC) maintained the medium-term lending facility (MLF) rate at 2.50 per cent on Monday,…