China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower …
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The Bank of Japan is unlikely to raise interest rates for “quite some time” and recent steps …
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Egypt’s unemployment rate dropped to 10.6 percent in the first quarter of 2018, in comparison to 12 …
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The World Bank (WB) raised its forecast for the growth rate of the Egyptian economy to grow …
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Financial Institutions
Egypt to maintain customs exchange rate at 16 pounds per $1 for 6 month in a row
by Yomna Yasserby Yomna YasserEgypt has decided to maintain its current customs exchange rate of EGP 16 per $1, effective in …
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The dollar held firm against major currencies on Wednesday as traders look to whether the U.S. Federal …
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Gold prices crept lower on Tuesday on a firmer dollar as investors waited for U.S. consumer price …
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Industry & Trade
Egypt to maintain customs exchange rate at 16 pounds per $1 in March
by Yomna Yasserby Yomna YasserEgypt will maintain its current customs exchange rate of 16 Egyptian pounds per 1 US dollar, effective …
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Gold prices were unchanged near a more than two-week low early on Wednesday, as the dollar held …
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Industry & Trade
Egypt’s economic growth rate registered 5.3 percent in Q2 of FY 2017/2018
by aya salahby aya salahEgypt’s economic growth rate registered 5.3 percent during the second quarter of the current fiscal year (FY) …