Forex-Dollar Rally Fizzles As Euro Comes Off Lows
A three-day dollar rally sputtered out on Friday as world markets adapted to possible shifts in U.S. monetary…
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Meris Downgrades Mobinil Rating, Says Outlook Stable
Meris, Middle East Rating & Investors Service, has downgraded Egyptian Company for Mobile Services (Mobinil) -…
EFG-Hermes’ Officials Trial Of Market Manipulation Adjourned Until July 14
The trial of EFG-Hermes Holding SAE (HRHO.CA)’s co-Chief Executive Officers Hassan Heikal and Yasser el-Mallawany…
Euro Depreciates 0.5 Percent to $1.3153
The euro weakened against the dollar after a report showed German factory output unexpectedly contracted this…
Indian Rupee Falls to Two-Month Low
The Indian rupee fell for a fourth consecutive session this morning, falling to its weakest level in eight weeks,…
Rupee Nears Its Lowest Within A Month
India's rupee fell to the lowest level in more than a month on speculation foreign funds will cut purchases of…
Dollar and Euro declined amid quiet trading at exchange companies
Exchange companies’ transactions witnessed during the last week a decline in the Dollar exchange rate of about half…
Dollar recovers as Bernanke gave no signal of purchasing more bonds
The dollar gained support after Ben Bernanke -U.S. Federal Reserve Chairman- on Wednesday giving no signal that the…