The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation’s …
Bank
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Banks
New Indian central bank head’s arduous task: getting banks to lower rates
by Noha Gadby Noha GadOne of the biggest challenges for India’s incoming central bank chief is a problem he and his …
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Egypt’s Commercial International Bank (CIB) has introduced new limits on Egyptians’ use of debit and credit cards …
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forex news
China central bank: yuan’s global acceptance to be driven by market
by Noha Gadby Noha GadThe internationalization of the yuan has exceeded people’s expectations and its global acceptance will be driven by …
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Mexico’s central bank is expected to hold its key interest rate steady on Thursday after a sharply …
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Swiss bank Credit Suisse AG (CSGN.S) does not need to raise capital “in most foreseeable scenarios”, Chief …
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Banks
National Bank of Egypt targets deposits of $67.6 bln by year-end
by Yomna Yasserby Yomna YasserNational Bank of Egypt (NBE), the country’s biggest public lender, seeks to raise its deposits to 600 …
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China’s foreign exchange reserves fell to $3.20 trillion in July, central bank data showed on Sunday, in …
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Japan’s Nikkei share average gave up early gains and ended lower on Friday, capping a week marred …
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World
European bank rebound not enough to save world stocks from further losses
by Noha Gadby Noha GadWorld stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank …