China’s major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the yuan, …
Tag:
U.S. dollar
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FeatureInternational NewsNewsStocksUSAWorld
Futures fall as U.S. dollar rises to one-month high
by Nada Aliby Nada AliThe U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after …
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BanksEgypt NewsFeatureInternational NewsNews
Egypt’s net foreign reserves rise to $35.173 bln in November – CBE
by Nada Aliby Nada AliEgypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 …
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BanksEgypt NewsFeatureNewsTech/AI
Egypt’s ENR seeks to secure EGP6 bln before year-end: sources
by Nada Aliby Nada AliState-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this …
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Egypt NewsFeatureFinancial InstitutionsIndustry & TradeNews
Egypt approves second batch of $500mln Samurai bonds
by Nada Aliby Nada AliEgypt has approved issuing a second batch of $500 million yen-denominated Samurai bonds with a five-year tenor …
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ForexInternational NewsNews
Gold prices ease on stronger dollar awaiting US Fed decision on interest
by Nada Aliby Nada AliGold prices decreased on Monday as U.S. dollar rose, and investors positioned for a series of major …
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BanksFeatureFinancial InstitutionsInternational NewsNews
Bank of Canada keeps interest rates at 4.50 percent
The Bank of Canada (BoC) has kept interest rates stable at 4.50 percent, but continues with its …
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Gold prices in Egypt continued to decrease on Tuesday. This comes contrary to previous weeks when prices …
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forex newsInternational NewsNewsThe Watch
Turkish lira falls at record low near 19 against dollar
by Nada Aliby Nada AliTurkey’s lira weakened on Thursday to a new record low of 18.9620 against the dollar, as investors …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Russian oil exports to India erode decades-old dollar dominance
by Nada Aliby Nada AliU.S. sanctions on Russia have begun to diminish the dollar’s decades-old dominance of international oil trade as …