foreign exchange

Standard Chartered expects Egypt's pound to strengthen against the US dollar by the end of the year, supported by…

Asian shares advanced broadly on Monday, tracking technology-led gains on Wall Street. Meanwhile, the yen hovered…

Asian markets fell on Thursday as technology stocks slid on renewed concerns over heavy AI spending, while…

Asian markets traded flat or slightly lower on Wednesday as investors held back ahead of chip giant Nvidia’s…

Asia’s stock markets fell to one-month lows on Tuesday, dragged down by sharp losses in Japan and South Korea as…

Asia’s stock markets edged lower on Monday as rising tension between China and Japan weighed on sentiment and…

Remittances from Bangladeshis living and working abroad rose 8.90 per cent year-on-year in August to $2.42 billion,…

The pound sterling extended gains for a fourth session on Tuesday, climbing to its strongest level against the euro…

The pound steadied Monday after briefly touching its strongest level in more than two weeks against the dollar,…

Egypt’s economy grew by an estimated 4.0 per cent in the fiscal year ending June 2024, slightly higher than the 3.8…

The Indian rupee ended the month and quarter slightly lower on Monday, trailing most Asian peers due to muted…

The Indian rupee dropped to its lowest point since mid-March on Thursday due to risk aversion in financial markets.

The Indian rupee fell on Wednesday due to ongoing corporate hedging and high oil prices, with concerns about…

The Indian rupee remained stable on Monday despite risk aversion due to the Iran-Israel conflict, as exporters sold…

The Indian rupee slightly increased in early trading on Wednesday, supported by foreign banks selling the US…

The Indian rupee fell for the sixth time in seven sessions on Wednesday, briefly dropping below 86 against the US…

The Indian rupee ended slightly lower on Tuesday, with analysts noting that the overall trend still points towards…

The Indian rupee weakened on Thursday as the US dollar rebounded sharply following a federal court ruling that…

The Indian rupee closed almost unchanged on Wednesday, as the influence of month-end dollar demand from importers…

The Indian rupee and other regional currencies weakened on Tuesday due to a stronger US dollar, declining Asian…

The Indian rupee and other Asian currencies continued to rise on Monday, as sudden changes in US trade policy and…

The Indian rupee fell to a one-month low on Thursday due to outflows from local equities and breaking a key…

The Indian rupee closed almost unchanged on Wednesday, lagging behind other Asian currencies due to a weaker US…

The Swiss National Bank (SNB) reported a 2 billion Swiss franc ($2.27 billion) loss for the second quarter,…

The decision to unify the exchange rate in March 2024, along with bold monetary policy decisions, has significantly…

A senior source at the Central Bank of Egypt (CBE) revealed a massive growth in foreign exchange inflows to the…

The Philippine central bank approved amendments to FX regulations, to facilitate timely reporting by banks for…

Today, July 7, 2024, marks the beginning of Dr. Mostafa Madbouly’s new term as Prime Minister. Let’s set aside any…

South Korea's foreign reserves fell by $430 million in May to $412.83 billion.

The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the…

Japan’s Vice Finance Minister for International Affairs, Masato Kanda, announced on Tuesday that the authorities…

The Egyptian market is gearing up to receive the largest foreign exchange inflows, amounting to approximately $50…

Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…

Paying the Ministry of Finance's overdrawn account, totaling EGP 2 trillion, is an urgent imperative to control…

Moody's has revised Egypt's outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.

The Egyptian state is confident in its ability to satisfy the demand for foreign currency from now on, Egypt’s…

The Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate…

In an extraordinary meeting on Wednesday, the Central Bank of Egypt’s the Monetary Policy Committee (MPC) decided…

Since the open interest for near-dated yen futures contracts reached a six-year high, traders have piled into…

Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…