currency

Currency exchange between Egypt, China and UAE to start in 2024
Egypt

Currency exchange between Egypt, China and UAE to start in 2024

The Central Bank of Egypt will begin activating the exchange agreement between the pound, the Chinese yuan, and the UAE…
Egypt’s cabinet approves issuance of LE2 coin
Business

Egypt’s cabinet approves issuance of LE2 coin

The Cabinet, during its weekly meeting on Wednesday initially approved a proposal to conclude a partnership agreement between the Public…
Lira on four-day skid as Ankara struggles to hold confidence
Middle East

Lira on four-day skid as Ankara struggles to hold confidence

ISTANBUL, Dec 30 (Reuters) – The Turkish lira fell as much as 6% on Thursday, extending a four-day slide after…
US dollar, Arab currencies exchange rates vary on Wednesday in Egypt
Business

US dollar, Arab currencies exchange rates vary on Wednesday in Egypt

The US dollar and Arab currencies’ exchange rates varied on Wednesday morning against the Egyptian pound, according to the official…
New Syrian migrants seek Europe, driven by post-war misery
Middle East

New Syrian migrants seek Europe, driven by post-war misery

GIESSEN, Germany (AP) — She had already walked for 60 hours through the wet, dark forests of Poland, trying to…
Lira hits record lows as rate cut sets Turkey on uncertain path
Middle East

Lira hits record lows as rate cut sets Turkey on uncertain path

ANKARA, Sept 24 (Reuters) – Turkey’s lira hit an all-time low against the dollar on Friday, a day after the…
China: Central bank declares all cryptocurrency transactions ‘illegal’
World

China: Central bank declares all cryptocurrency transactions ‘illegal’

China’s central bank has made all cryptocurrency transactions illegal in mainland China, the bank announced in a statement on Friday. In a…
Afghans struggle with empty ATMs, soaring prices
Middle East

Afghans struggle with empty ATMs, soaring prices

Over a week after the Taliban’s takeover of Afghanistan’s capital Kabul, its residents are reeling from a severe shortage of cash…
West Africa’s Eco currency plan remains a pipe dream
World

West Africa’s Eco currency plan remains a pipe dream

Since its conception in 2003, leaders of the fifteen-member Economic Community of West African States (ECOWAS) have postponed the launch of…
Turkish lira plunges to near record lows on cenbank chief’s sacking
Middle East

Turkish lira plunges to near record lows on cenbank chief’s sacking

ISTANBUL (Reuters) – Turkey’s lira slid 15 percent to a near all-time low on Monday after President Tayyip Erdogan’s shock…
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