Dollar pauses vs yen after getting lift from US yields
The dollar held steady near a three-month high against the yen on Thursday, as rises in U.S. bond yields and…
Browsing Tag
reserve
Egypt’s foreign reserves rose to $19.6bn in September: CBE
Egypt’s net international reserves rose in September to $19.591 billion up from $16.564 billion in August, the…
Fed Leaves door open to raise interest rates as soon as September
The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic…
Egypt’s PetroSilah Petroleum adds 8mn barrels of crude oil to general reserve
PetroSilah Petroleum Company added 8 million barrels to its general reserve during 2015, Chairman Taher Abdel Rahim…
CBE to consider floating pound when foreign reserves hit $30bn
The Central Bank of Egypt (CBE) will consider floating the local currency when foreign reserves hit between $25bn…
Egypt’s foreign reserves levels ‘reassuring’ – CBE’s Amer
Egypt's foreign currency reserves levels are 'reassuring' and current situation is 'stable', to witness more…
Asia shares mixed, dollar strong after U.S. jobs data boosts case for Fed hike
Asian stocks were mixed, with Japanese and Chinese shares up, while the dollar stood at a 7-month high against…
Euro rises vs dollar as bets on September Fed lift-off fade
The euro rose for a third straight day against the dollar on Tuesday, as expectations that the U.S. Federal…
Asian stocks mixed as investors eye US jobs data
Asian equities traded mixed on Friday, as investors turned their attention to the release of the U.S. nonfarm…
US stocks close lower as Sept. rate-hike talk gains steam
U.S. stocks finished lower Tuesday, but off the session lows hit when one Federal Reserve president indicated a…
