Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
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U.S. dollar
Nigeria’s naira falls to record low vs U.S. dollar
Nigeria's naira fell to as low as 1,421 against the dollar on the official market on Friday, according to FMDQ…
China’s public offering fund value reaches $3.88 tln
China's public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said the state…
China’s major banks move to support yuan
China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
Futures fall as U.S. dollar rises to one-month high
The U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after remarks…
Egypt’s net foreign reserves rise to $35.173 bln in November – CBE
Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…
Egypt’s ENR seeks to secure EGP6 bln before year-end: sources
State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
Egypt approves second batch of $500mln Samurai bonds
Egypt has approved issuing a second batch of $500 million yen-denominated Samurai bonds with a five-year tenor by…
Gold prices ease on stronger dollar awaiting US Fed decision on interest
Gold prices decreased on Monday as U.S. dollar rose, and investors positioned for a series of major central bank…
Bank of Canada keeps interest rates at 4.50 percent
The Bank of Canada (BoC) has kept interest rates stable at 4.50 percent, but continues with its tightening policy,…