China’s central bank set the yuan fixing at a wider gap against Reuters’ estimate, the largest in …
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currency exchange rates
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt poised to receive up to $50 billion in FDI
by M.S.Salamaby M.S.SalamaThe Egyptian market is gearing up to receive the largest foreign exchange inflows, amounting to approximately $50 …
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FeatureInternational NewsMoneyNewsTech news
Google Malaysia apologises for misquoting currency
by Nada Aliby Nada AliGoogle Malaysia apologised for misquoting the ringgit’s exchange rate against the dollar after the central bank had …
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BanksEgypt NewsFeatureNews
Egypt’s c. bank’s recent decisions eliminate FX parallel market
by Nada Aliby Nada AliThe Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate …
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BanksFeature
Foreign firm deposits $25m into Banque Misr after CBE’s decisions
by Aya El Sayedby Aya El SayedA foreign company deposited $25 million in Egypt’s Banque Misr on Wednesday, in a move that proves …
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Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted …
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Egypt NewsFeatureforex newsNews
Egyptian pound’s fixed against U.S. dollar
by Norhan Adelby Norhan AdelThe Egyptian pound has recorded 30.85 against U.S. dollar on Monday, maintaining its price range right below …
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Egypt NewsFeatureforex news
Egypt’s pound maintains position against dollar
by Norhan Adelby Norhan AdelEgypt’s pound currency has recorded 30.85 Egyptian pounds against the one U.S. dollar during trading on Sunday, …
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BanksFeatureMoney
Hisham Ezz Al-Arab: Flexible currency helps Egypt absorb external shocks
by Yomna Yasserby Yomna YasserFlexible currency makes it easier for a country to absorb external shocks, said Egyptian veteran banker Hisham …
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