At its meeting on Wednesday, the Federal Reserve left the key interest rate at its highest level in more than 20 years, with a range of 5.25 to 5.5 percent. Several interest rate cuts in 2024 – or none at all Powell emphasized that arguments for a reduction had already been discussed. At the same … Read more
Books – Ahmed Yaqoub Monday, July 22, 2024 02:09 PM Eliminating the deficit in web overseas property to document a surplus of $10.3 billion on the finish of June, in comparison with a deficit of $11.4 billion in January 2024. Overseas investments exceed worldwide security requirements and document an all-time excessive of $46.38 billion 200% … Read more
The Russian banks agreed that they’d not publicly talk about the scheme to keep away from worldwide sanctions and transfers in order that they’d not be uncovered to america. The top of the Central Financial institution, Elvira Nabiullina, is confused due to the US stress. She really admitted that she was helpless towards sanctions and … Read more
Muhammad Abdel Razek wrote Tuesday, June 18, 2024 08:05 PM Journalist Ahmed Yaqoub, editor-in-chief of “Al-Youm Al-Sabea” gave a particular broadcast on TV ”Al-Youm Al-Sabea”, about … Particulars of the rise in gold stability Egypt’s international reserves amounted to roughly 9.557 billion {dollars}, equal to roughly 456 billion kilos, on the finish of Could 2024, … Read more
Manal Al-Masry wrote: The present interval appears to be the most effective time for financial institution clients to speculate their financial savings in certificates and deposits after the Central Financial institution is predicted to cut back the rate of interest greater than yearly, after the speed of inflation declines and the recession continues. throughout this … Read more
he is Central Bank of the Dominican Republic (BCRD) presented a press document this Sunday, explaining the “positive” effects of monetary policy on the recovery of growth and the reduction of inflation in the post-pandemic. The monetary authority indicated that they implemented a money politics limited after the supply shock caused by the coronavirus pandemic, … Read more
US Inflation Expected to Moderate in April, Providing Hope for Price Pressures to Ease Introduction US inflation is anticipated to have moderated in April, marking the first decline in six months. This offers a ray of hope for a potential easing of price pressures, which have been persistently on the rise. The latest figures from … Read more
Written by Reham Al-Basha Monday, March 11, 2024 10:31 AM We publish dollar price In today’s transactions, Monday 3/11/2024, against the Egyptian pound, it was recorded in the National Bank of Egypt at 49.10 pounds for purchase, 49.20 pounds for sale, and it was also recorded at the Commercial International Bank at 49.10 pounds for … Read more
Reham Al-Basha wrote Sunday, March 10, 2024 01:15 PM The price of the dollar fell during today’s transactions against the Egyptian pound, recording in the National Bank of Egypt 49.10 pounds for purchase, 49.20 pounds for sale, and recording 49.10 pounds in the Commercial International Bank (CIB) for purchase, 49.20 pounds for sale, and these … Read more
Written by Reham Al-Basha Thursday, March 7, 2024 03:24 PM We publish dollar price Against the Egyptian pound at the end of today’s transactions in banks operating in Egypt, where the National Bank of Egypt recorded a price of 49.35 pounds to buy, 49.45 pounds to sell, and the Commercial International Bank (CIB) recorded a … Read more