Egypt News Egypt’s CBE auctions €600m in t-bills Nada Ali Aug 12, 2024 0 The Central Bank of Egypt (CBE) is offering €600 million worth of treasury bills (T-bills) on Monday.
Featured Sterling rises slightly after 4-week decline Aya El Sayed Aug 12, 2024 0 Sterling showed a modest gain on Monday after four consecutive weeks of declines against the dollar, as traders…
Stocks Asian stocks rise as investors await key data Nada Ali Aug 12, 2024 0 Asian stocks climbed on Monday, with Japan out of the market providing a respite from recent volatility.
Egypt News Egypt’s gold reserves climb 4.1% in July – CBE Nada Ali Aug 7, 2024 0 Egypt’s gold reserves surged 4.1 per cent to $9.883 billion at the end of July up from $9.485 billion at the end of…
Featured Sterling hits five-week low against dollar Aya El Sayed Aug 6, 2024 0 The pound sterling fell to a five-week low against the dollar on Tuesday, trading at $1.2699, down 0.6 per cent and…
Featured Sterling falls on rate cut hopes, Reeves’ speech Aya El Sayed Jul 29, 2024 0 The pound sterling dropped to its lowest level in two weeks on Monday as investors awaited the Bank of England's…
Featured Sterling edges up, euro nears two-year low Aya El Sayed Jul 24, 2024 0 Sterling gained against the euro on Wednesday, buoyed by stronger British business activity compared to the…
International News Commodity currencies tumble on weakening raw material prices Nada Ali Jul 24, 2024 0 Commodity currencies fell to multi-week lows on Wednesday due to declining raw material prices.
International News Dollar rallies, yen falls to record lows Nada Ali Jul 2, 2024 0 The US dollar rose on Tuesday due to higher US Treasury yields, putting pressure on low-yielding currencies like…
forex news Dollar retreats as intervention fears linger Nada Ali Jun 25, 2024 0 The dollar attempted, but failed, to breach the crucial 160-yen mark on Tuesday.