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Business
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Economy
12/29/2012 6:54:48 PM
Egypt's Central Bank announced Saturday it would implement currency auctions as reserves reach critical levels
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Business
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Economy
12/27/2012 1:48:32 PM
Ongoing rumours about a devaluation of the pound and future economic turbulence lead to brisk trade at banks as Egyptians withdraw and convert deposits
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Business
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Economy
12/12/2012 12:26:20 PM
US dollar falls against many major currencies as markets expect Federal Reserve to launch fresh stimulus package
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Business
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Economy
12/5/2012 3:03:53 PM
Balance of payments deficit falls to half a billion dollars in third quarter (July-September) partly due to increase in transfers from Egyptians living abroad
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Business
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Economy
11/15/2012 12:21:14 PM
European shares fell for a second day running on Thursday, hit by evidence that the debt crisis has slowed euro zone economic activity and by persistent concerns about fiscal problems in the United States
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Business
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Economy
11/15/2012 11:20:04 AM
Israeli shekel records a two-month low against dollar as investors fear Hamas reprisal after its military commander is killed in Gaza
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Business
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Economy
11/14/2012 1:02:33 PM
Mitsubishi UFJ sees profits tumbling to $3.6 billion dollars in the first half of 2012
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Business
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Economy
11/13/2012 5:04:18 PM
Ahead of scheduled meeting of EU-Egypt taskforce, EU representative tells state media that European assistance to Egypt will amount to 'billions' of dollars
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World
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Region
11/12/2012 3:07:15 PM
An initial billion-dollar arms deal will be renegotiated after allegations of corruption
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Business
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Economy
11/9/2012 11:55:32 AM
The oil rich countries puts a temporary ban on importing luxury goods to save dollars as sanctions take their toll, state run paper reports
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Business
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Economy
11/7/2012 11:21:44 AM
The US dollar fell against the euro and yen as dealers bet that under Obama the Federal Reserve would continue the loose monetary policy that has seen it flood markets with billions of dollars
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Business
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Economy
11/1/2012 9:23:18 PM
Although Egyptian pound's value hit 8-year low Wednesday, local analysts expect currency to stabilise by year's end
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Business
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Economy
11/1/2012 12:11:24 PM
Traders suggest the dip is government signal to Fund that it is flexible over its currency value, amid discussions for $4.8bn loan
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Business
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Economy
10/16/2012 5:55:02 PM
Inquiry announced into allegations that central bank officials weakened the value of the Iraqi dinar against the dollar
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Business
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Economy
10/1/2012 11:58:46 AM
Dramatic freefall adds to more gradual losses as economy fells the impact of draconian Western sanctions
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Business
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Economy
9/30/2012 12:41:05 PM
New plunge suggests Iranian families are rushing to convert money into dollars and precious metals
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Business
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Economy
9/28/2012 2:08:23 PM
Brent crude reaches $113 a barrel as demand increases due to cheaper US product and positive sentiments after Spain approved a comprehensive austerity plan
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Business
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Economy
9/27/2012 3:43:35 PM
Agreement allows landlocked south to restart oil flow for first time since January, bringing much-needed dollars to both economies
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Business
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Economy
9/26/2012 11:05:29 AM
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Business
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Economy
9/25/2012 11:30:01 AM
Head of reserves management hails the slowing depreciation of the pound against the dollar but says bank will defend it against speculators
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