Egypt’s annual urban consumer price inflation fell by 21.9 percent in December 2017 from 26 percent in …
Tag:
currency
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Industry & Trade
Surge in foreign fund inflows sets stage for Egyptian boom: Reuters
by Yomna Yasserby Yomna YasserEncouraged by Egypt’s economic reforms, a major gas find, streamlined business rules and a devalued currency, investors …
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Banks
Net foreign reserves rise to $20 million in November: Egypt’s c.bank
by Yomna Yasserby Yomna YasserThe Central Bank of Egypt (CBE) said that the country’s net foreign currency reserves rose to $20 …
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forex news
Dollar gains vs yen on US data, N.Korea missile launch taken in stride
by Yomna Yasserby Yomna YasserThe dollar gained against the yen on Wednesday, lifted by strong U.S. economic data while North Korea’s …
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World
Asia markets trade higher as Hong Kong’s Hang Seng index tops 30,000
by Yomna Yasserby Yomna YasserAsian markets rose on Wednesday, taking overnight cues from Wall Street where stocks rose to record highs …
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Banks
Average yields rise on Egypt’s 3- and 9-month treasury bills, says c.bank
by Yomna Yasserby Yomna YasserAverage yields on Egypt’s three- and nine-month treasury bills rose at an auction on Sunday, central bank …
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forex news
Dollar slips vs yen as drop in Tokyo shares dampens risk sentiment
by Yomna Yasserby Yomna YasserDollar prices slipped versus the yen on Thursday as a sudden fall in Japanese equities from multi-decade …
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forex news
Dollar slips broadly on report of possible delays to US corporate tax cut
by Yomna Yasserby Yomna YasserDollar prices slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a …
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The Central Bank of Egypt (CBE) announced on Thursday that remittances from Egyptian abroad increased 24.4 percent …
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forex news
Dollar climbs to 3-month high against yen on Abe election win
by Yomna Yasserby Yomna YasserDollar prices touched a three-month high against the yen on Monday, with an emphatic election victory for …