The main condition for Egypt obtaining a $12bn loan from the International Monetary Fund (IMF) was heavily …
Search results for
"currency exchange rate"
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Egypt should ease its grip on its currency exchange rate to boost economic growth even as reforms …
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The currency exchange rate will improve with restored confidence in Egypt’s economy after the presidential elections, according …
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In a surprise move, Bank Indonesia (BI) raised interest rates on Wednesday in a bid to stabilise …
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Africa NewsBanksFeatureMoney
Zimbabwe hopes new ZiG currency to stabilise market
by Aya Anwarby Aya AnwarThe Zimbabwean government introduced a new currency, ZiG, backed by gold reserves and foreign currency to address …
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BanksFeatureInternational NewsMoneyNews
China’s c. bank widens yuan gap to prevent currency decline
by Nada Aliby Nada AliChina’s central bank set the yuan fixing at a wider gap against Reuters’ estimate, the largest in …
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Egypt NewsFeatureforex newsNewsThe Watch
Egypt’s currency stable against USD on Monday’s early trading
by Aya El Sayedby Aya El SayedThe exchange rate of the Egyptian pound against the US dollar saw no significant changes at the …
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Iran’s currency hit an all-time low, dropping to 613,500 rials per dollar as Iranians celebrated the Persian …
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Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong …
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BanksFeatureInternational NewsMoneyNews
H. Kong holds base rate unchanged at 5.75%
by Nada Aliby Nada AliThe Hong Kong Monetary Authority (HKMA) kept its base rate at 5.75 per cent in line with …
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