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…
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pound
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…
Egypt Central Bank sees pound’s real exchange rate appreciating
Egypt’s improved competitiveness after November 3 floating of the currency is unlikely to be negatively affected by…
Dollar rises to 9-day high, buoyed by euro weakness
The dollar edged up to a nine-day high against a basket of currencies on Thursday, with the euro sagging as the…
Dollar prices up from 4 months-low vs. yen
Dollar prices edged up from four-month lows against the yen on Thursday, but gains were capped by U.S. President…
Euro firms to 1 month-highs, dollar drifts
The euro firmed to one month-highs against the dollar in Asian trading on Monday, after some European Central Bank…
Dollar prices drift, await Trump’s stimulus schemes
U.S. dollar drifted on Tuesday, with its earlier advance halted by investors taking a wait and see approach ahead…
Dollar edges back towards 14-year peak as US debt yields rise
The dollar moved back towards a 14-year peak on Wednesday as U.S. debt yields resumed climbing, giving a lift…
Egypt offers rate relief to firms hit by pound float
Egyptian companies unable to repay US-dollar denominated debts after the devaluation of the pound will be allowed…
Electrolux Egypt: prices increased by 20-25% amid floating pound
Electrolux Egypt increased the prices of its products by 20-25 percent after the move of the Egyptian government to…