Foreign investments in Egypt debt reach $17.6bn since pound float
Foreigners have invested a total of $17.6 billion in Egyptian debt instruments since the central bank of Egypt…
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Egypt clears huge financial backlog as it rebounds from USD shortage
Egypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies…
Egypt’s policy measures improve banking but investments slow: BLOM official
Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved…
Dollar on defensive after Fed minutes dampen rate hike prospects
U.S. dollar prices were on the defensive on Thursday after the minutes from the Federal Reserve's last policy…
Dollar falls vs euro, sterling as ECB, BoE open door to hawks
The dollar wallowed at one-year lows against the euro and slipped against sterling in Asian trade on Thursday as…
Pound sterling soars above $1.27 on hawkish view by BOE’s chief economist
The pound sterling pushed above $1.27 Wednesday, erasing losses following hawkish comments made by the Bank of…
Dollar advance stalls as oil slides, pound struggles near 2-month low
Dollar prices pulled back from one-month highs against a basket of currencies on Wednesday as tumbling oil prices…
Asian markets close mostly higher, pound weaker on UK hung parliament
The pound dropped on Friday in Asia as elections in the U.K. ended in a hung parliament, with regional indexes…
Egypt unexpectedly hikes key interest rates by 200 basis points
Egypt’s central bank has raised on Sunday its key interest rates by 200 basis points during a meeting of its…
Dollar falls by Xi-Trump summit nerves, geopolitical concerns
Dollar prices slipped against a basket of currencies on Thursday, weighed down by caution over the impending…
