European bourses are expected to open mixed on Thursday morning after the U.S. Federal Reserve kept interest …
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Rates
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Gold prices rose on Thursday after U.S. Federal Reserve Chair Janet Yellen said the central bank would …
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Banks
Banque Misr, NBE say “new certificates at high interest rates just rumors”
by Yomna Yasserby Yomna YasserYahiya Abu Al Fottoh, Deputy Head of National Bank of Egypt (NBE), denied the issuance of certificates …
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Banks
Unexpectedly surge in interest rates by 200 basis points: Egypt CBE
by Yomna Yasserby Yomna YasserThe Monetary Policy Committee (MPC) at the Central Bank of Egypt (CBE) announced raising interest rates by …
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forex news
Dollar firms after strong US jobs report, backs Fed hike view
by Yomna Yasserby Yomna YasserThe dollar gained on Friday after a report showed the U.S. economy created far more jobs than …
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Banks
Egypt’s Central Bank considers additional hikes in key interest rates
by Yomna Yasserby Yomna YasserEgypt’s government is considering a new hike in key deposit and lending rates; the issue will be …
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A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism …
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forex news
Dollar firmer vs yen after Fed’s Dudley strikes hawkish tone
by Yomna Yasserby Yomna YasserThe dollar reached a more than three-week high versus the yen on Tuesday, after an influential Federal …
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forex news
Dollar falls on weak data, yen on back foot as BoJ stays pat
by Yomna Yasserby Yomna YasserThe dollar fell against a basket of currencies on Friday on weaker-than-forecast data on housing and consumer …
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forex news
Dollar prices on back foot after Fed minutes, euro resumes advance
by Yomna Yasserby Yomna YasserU.S. dollar was on the defensive early on Thursday after minutes of the latest Federal Reserve policy …