dollar
Private sector not affected by raising dollar interest rate: experts
Business
December 19, 2015
Private sector not affected by raising dollar interest rate: experts
Financial experts have said that the private sector will not be affected by the US Federal Reserve Board's decision to…
Sisi suggests expatriates donate US dollars to offset falling reserve: adviser
Egypt
December 9, 2015
Sisi suggests expatriates donate US dollars to offset falling reserve: adviser
President Abdel Fattah al-Sisi has suggested that Egyptian expatriates make a financial contribution to help their country cope with eroding foreign…
Some banks denied dollars at Egypt central bank forex auction -bankers
Business
December 1, 2015
Some banks denied dollars at Egypt central bank forex auction -bankers
Egypt's central bank said it held the pound steady at LE7.7301 to the dollar on Tuesday after a regular foreign…
Egypt central bank says clears $547.2 mn backlog owed to foreign investors
Business
December 1, 2015
Egypt central bank says clears $547.2 mn backlog owed to foreign investors
Egypt's central bank said on Tuesday it had repaid foreign investors in stocks and securities a total of $546 million,…
Dollar dips in Asia as stock markets extend gains
Business
November 20, 2015
Dollar dips in Asia as stock markets extend gains
The dollar sank against emerging market currencies and the yen in Asia Friday after seeing sharp losses on Wall Street…
Asian stocks, dollar retreat on weak Chinese manufacturing data
Business
November 2, 2015
Asian stocks, dollar retreat on weak Chinese manufacturing data
Asian stocks dipped in early trade on Monday, while the dollar retreated against most regional currencies as a weak reading…
One person cannot cause the economy to collapse: Al-Borai
Egypt
October 24, 2015
One person cannot cause the economy to collapse: Al-Borai
Human rights activist Negad al-Borai tweeted on Friday that people should not believe that one person alone could cause the…
Rising dollar exchange rate sparks fears in price hike
Business
October 20, 2015
Rising dollar exchange rate sparks fears in price hike
Ahmed Shiha of the Cairo Chamber of Importers, is expecting commodity prices to rise by at least 10 percent due…
Stocks at two-month highs, dollar up; oil down for week
Business
October 17, 2015
Stocks at two-month highs, dollar up; oil down for week
Stocks in major world markets rose to a two-month high on Friday and the dollar ticked up, boosted by views…
Asian shares extend October rally; dollar slips
Business
October 12, 2015
Asian shares extend October rally; dollar slips
Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fuelled…