News China’s major banks move to support yuan Nada Ali Jan 22, 2024 0 China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
News Futures fall as U.S. dollar rises to one-month high Nada Ali Jan 16, 2024 0 The U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after remarks…
Banks Egypt’s net foreign reserves rise to $35.173 bln in November – CBE Nada Ali Dec 7, 2023 0 Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…
Banks Egypt’s ENR seeks to secure EGP6 bln before year-end: sources Nada Ali Oct 3, 2023 0 State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
Egypt News Egypt approves second batch of $500mln Samurai bonds Nada Ali Aug 31, 2023 0 Egypt has approved issuing a second batch of $500 million yen-denominated Samurai bonds with a five-year tenor by…
Forex Gold prices ease on stronger dollar awaiting US Fed decision on interest Nada Ali Jun 12, 2023 0 Gold prices decreased on Monday as U.S. dollar rose, and investors positioned for a series of major central bank…
Banks Bank of Canada keeps interest rates at 4.50 percent Yassmine Elbehnaihy Apr 13, 2023 0 The Bank of Canada (BoC) has kept interest rates stable at 4.50 percent, but continues with its tightening policy,…
Egypt News Egypt’s gold prices fall on Tuesday Norhan Adel Apr 11, 2023 0 Gold prices in Egypt continued to decrease on Tuesday. This comes contrary to previous weeks when prices have…
forex news Turkish lira falls at record low near 19 against dollar Nada Ali Mar 9, 2023 0 Turkey's lira weakened on Thursday to a new record low of 18.9620 against the dollar, as investors weigh the…
Tech/AI Russian oil exports to India erode decades-old dollar dominance Nada Ali Mar 8, 2023 0 U.S. sanctions on Russia have begun to diminish the dollar's decades-old dominance of international oil trade as…