ECB maintains rate floor, monitors economic outlook
The European Central Bank (ECB) plans to maintain a “floor” under market interest rates, with the decision on the…
Browsing Tag
reserve
Moody’s downgrades NYCB bank
Moody’s Investors Service downgraded New York Community Bancorp's (NYCB) credit rating to junk status, according to…
Egypt CBE increases reserve requirement on deposits by 14%
The Central Bank of Egypt (CBE) said on Tuesday it is increasing the reserve requirement on deposits from ten…
Egypt’s CBE receives 2nd tranche of IMF loan
The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the…
Egypt planning 200% surge in rice production, says Supply Ministry
Egypt's Minister of Supply and Internal Trading said that Egypt targets rising rice production by 200 percent…
Gold climbs, but gains limited by rate hike prospects
Gold prices edged up in a technical rebound on Monday after one-month highs hit last week were undercut by the…
Stocks, dollar recover ground after U.S. jobs report
Stocks overcame early weakness and the dollar and U.S. Treasury yields rallied on Friday after data showed U.S.…
Foreign reserves rise to $24.265 bln at end-December: CBE
Egypt's net foreign reserves rose to $24.265 billion at the end of December from $23.058 billion at the end of…
Sugar reserve is sufficient until next May: Egypt’s Supply
Egypt's strategic reserve of sugar is safe and sufficient until next May, Spokesman of Supply Ministry, Ibrahim…
Gold rises by most in a month as US dollar eases
Gold prices rose on Thursday, as the U.S. dollar slipped against a basket of currencies, but gains were limited on…
