currencies

Turkish cenbank seen to cut policy rate by 100bps
Middle East

Turkish cenbank seen to cut policy rate by 100bps

ISTANBUL, Dec 10 (Reuters) – Turkey’s central bank is expected to cut its policy rate by 100 basis points to…
US dollar hits highest rate in 3 weeks
Economy

US dollar hits highest rate in 3 weeks

The US dollar hit its highest rate in 3 weeks on Tuesday, compared to other foreign currencies. A senior official…
Sterling hit by British political row, yen gains
Business

Sterling hit by British political row, yen gains

Sterling was the biggest mover among major currencies on Monday, sinking more than half a percent on concerns a split…
Shunned for years, gold stages comeback as equities melt down
Business

Shunned for years, gold stages comeback as equities melt down

Gold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing…
Smuggling attempt of archaeological currencies thwarted at Cairo Aiport
Archaeology

Smuggling attempt of archaeological currencies thwarted at Cairo Aiport

Cairo Airport thwarted the smuggling attempt of 177 Egyptian, Libyan, Saudi and Iraqi archaeological currencies by an Egyptian passenger on…
Asian shares, currencies slide after Paris attacks, data
Business

Asian shares, currencies slide after Paris attacks, data

Asian stocks fell to six-week lows on Monday and emerging market currencies wilted as investors sought the safety of the…
C.bank governor: No black market in currencies in Egypt
Business

C.bank governor: No black market in currencies in Egypt

Egypt has enforced a set of rules which have eliminated the black market in currency, the central bank governor said…
Four Arab leaders whose currency failed to keep their legacy
Egypt

Four Arab leaders whose currency failed to keep their legacy

Kings and rulers are keen out of pride to have their pictures minted on currencies for the sake of their legacy.…
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