China’s new forex rate formation mechanism is credit positive as it will increase currency flexibility and support …
currency
-
-
China’s yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it …
-
China will likely have to move ahead with market liberalization before the International Monetary Fund (IMF) labels …
-
European markets gave a weary cheer on Monday as euro zone leaders emerged from-all night talks in …
-
Egypt News
Egypt business activity expands in June for first time in five months: PMI
by aya salahby aya salahBusiness activity in Egypt’s private sector excluding oil grew slightly in June, ending five months of contraction, …
-
Egypt’s pound weakened to 7.63 pounds per dollar from 7.53 at a central bank auction Thursday, the …
-
forex news
Venezuela’s currency woes an increasing threat to U.S. corporate profits
by Noha Gadby Noha GadVenezuela’s deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have …
-
Egypt’s central bank (CBE) plans to eliminate the currency black market in less than a year, Hisham …
-
Egypt’s foreign reserves increased by $705 million in August after a fall in July, but economists said …
-
Traders say Iran’s currency has hit a record low against the US dollar in street trading. The …