Japanese automakers face challenges in key markets
Japanese automakers are grappling with declining sales in crucial markets like China and Thailand.
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exchange rate
EGP closes slightly down against USD on Thursday
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
Egypt’s FX up 200%, remittances double – CBE
A senior source at the Central Bank of Egypt (CBE) revealed a massive growth in foreign exchange inflows to the…
EU: none of non-euro countries meet criteria for eurozone
The European Commission announced on Wednesday that none of the six European Union (EU) countries that have yet to…
Switzerland’s GDP surges
Switzerland’s economy "unexpectedly maintained momentum" at the start of the year on services and private…
IMF urges swift reforms for Lebanon
Lebanon needs economic reforms to address the deepening crisis, as highlighted by the International Monetary Fund…
IMF approves $1,15m loan to Bangladesh
The International Monetary Fund (IMF) announced a staff-level agreement to provide Bangladesh with $1,15 million.
Egypt’s top FX firms collect EGP 11.9b after flotation decision
The exchange firms associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have collected…
Egypt FX firms’ revenues hit EGP 4.18b since flotation
Following the recent decisions by the Central Bank of Egypt, the foreign exchange companies of the three largest…
China boosts liquidity via ¥5b reverse repo
The People's Bank of China (PBC) announced on Tuesday that it injected 5 billion yuan into the banking system…
