Egypt News Egypt’s FX reserves hit $46.38b, surpass safety levels Nada Ali Jul 22, 2024 0 Egypt's foreign exchange reserves hit a record high of $46.38 billion by June 2024.
forex news Indian rupee slips despite Asian gains Nada Ali Jun 6, 2024 0 The Indian rupee weakened against the US dollar on Thursday, defying the trend of broad gains in other Asian…
International News Indian rupee faces pressure amid foreign outflows Nada Ali Jun 5, 2024 0 The Indian rupee is under scrutiny as the central bank steps in to defend the currency following the unexpected…
Money India’s rupee surges to 6-m peak Aya Anwar Mar 7, 2024 0 India's rupee has surged to a six-month peak, becoming Asia's top-performing currency as foreign investors continue…
Africa News Kenya announces $2bln bond-buyback programme Aya Anwar Feb 8, 2024 0 Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
Africa News Nigeria devalues currency for 2nd time Aya Anwar Feb 1, 2024 0 Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Money China’s foreign exchange reserves fall more than expected in November Amwal Al Ghad English Dec 8, 2019 0 China’s foreign exchange reserves dropped $9 billion in November to $3.096 trillion, according to a central bank …
forex news Gold prices firm amid higher US rate hike environment Yomna Yasser Jan 8, 2018 0 Gold prices held steady on early Monday, below 3-1/2-month highs hit last week, amid expectations of more U.S.…
Banks Egyptian banks’ foreign reserves rose by $10 billion since currency float: Amer Yomna Yasser Nov 1, 2017 0 Egyptian banks’ foreign exchange reserves have risen by $10 billion since Egypt took the dramatic step of floating…
Financial Institutions Egypt Vulnerable to Adverse Global Economic Developments: IMF Yomna Yasser Dec 28, 2014 0 Speaking to Daily News Egypt, International Monetary Fund (IMF) Mission Chief for Egypt, Chris Jarvis, outlines how…