Zimbabwe is about to unveil new measures to support its currency amid the decline in both the …
Tag:
foreign exchange
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The yen soared versus its peers on Thursday, breaking through key technical support levels as heightened global …
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Egypt’s central bank (CBE) said on Wednesday it has decided to terminate the foreign exchange repatriation mechanism, …
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The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the …
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The Egyptian pound has been weakened in the informal market to a record low against the US …
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Banks
Egypt central bank to hold exceptional $500 million FX auction Sunday
by Yomna Yasserby Yomna YasserEgypt’s central bank announced Sunday it would hold an exceptional auction for $500 million, pumping more foreign …
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Financial Institutions
China forex regulator says stepping up graft risk controls
by Noha Gadby Noha GadChina’s foreign exchange regulator is stepping up its risk controls against corruption, it said in a statement …
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China’s yuan fell at the open on Tuesday after official data the previous day showed that China’s …
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forex news
China FX reserves fall record $93.9 billion in Aug as central bank supports yuan
by Noha Gadby Noha GadChina’s foreign exchange reserves, the world’s largest, shrank by $93.9 billion in August, the biggest monthly fall …
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Egypt’s central bank held the Egyptian pound steady at 7.73 per dollar for the third straight foreign …