FX

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

Egyptian Prime Minister Moustafa Madbouly met Sunday with Central Bank of Egypt (CBE) Governor Hassan Abdalla and…

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

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

Nigeria's naira fell to as low as 1,421 against the dollar on the official market on Friday, according to FMDQ…

Egypt's largest private bank, Commercial International Bank (CIB), informed customers on Wednesday it was reducing…

The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…

Egypt lowered its economic growth forecast to a range of 4 to 4.25 percent for the current fiscal year ending on…

Egypt's central bank has injected over $14 billion dollars into local banks over the past three months to…

Egypt's Central Bank will inject more dollar liquidity in the coming month, the presidency's office said in a…

Egyptian President Abdel-Fattah El-Sisi urged his government to cut back on imports, backing the central bank’s…

Russia's Prime Minister Dmitry Medvedev said on Saturday that the government and central bank are preparing…

China's currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take…

No doubt that Egypt has witnessed very rough years since the 25 January Revolution. The economy has been brought to…