Al-Marsad newspaper: The Saudi riyal recorded a new high against the Egyptian pound today, Thursday, as today’s trading began, and the Saudi riyal’s rally came in buying and selling operations in Egyptian banks. The price of the Saudi riyal in government banks, namely the national and Egyptian banks, reached £6.54 for buying and £6.56 for … Read more
Ten years after his disappearance, US authorities were able to seize bitcoins stolen from the “Silk Road” website, which specializes in drug trafficking, worth $ 3.4 billion at the time of the confiscation. James Jong, 32, pleaded guilty to stealing more than 50,000 bitcoins in September 2012, New York prosecutors said in a statement. The … Read more
European Central Bank member Klas Knott said the bank could raise interest rates by around 75 basis points at its next December meeting. The European Central Bank raised rates by around 75 basis points at its meeting last week, the highest level since 2009. In statements to German media reported by Reuters, Nutt said: We … Read more
We publish the exchange rates against the Egyptian pound in the morning transactions today, Sunday 30-10-2022, in Egyptian banks, where the price of the dollar today against the Egyptian pound recorded 23.15 pounds for the purchase and 23.25 for the sale, while the Kuwaiti dinar exchange rate recorded against the pound 72.13 pounds in purchase … Read more
settled Exchange rates Today, Friday 28 / 10-2022, in banks operating in Egypt against the Egyptian pound, the price of each dollar against the Egyptian pound was set at 22.85 pounds for the purchase, 22.95 pounds for the sale and Saudi riyal against the pound at £ 6.07 to buy and £ 6.10 On sale, … Read more
Postjan Vaseli, a member of the Governing Council of the European Central Bank, said the bank is expected to raise rates by 75 basis points in the next two meetings to fight high inflation, after which it will discuss reducing its balance sheet next year. The ECB waited a long time before accelerating its pace … Read more
European equities rose at close of trading today, Thursday 13 October, following news that the UK government intends to make changes to its financial plans and with the release of economic data. At the end of the session, the STOXX600 index rose by 0.85% to 389 points. While the UK FTSE index rose 0.35% to … Read more
The largest digital currency by market value, “Bitcoin,” continued to decline during trading today, Saturday, to return to trading below the $ 20,000 level as investors continued to reap quick profits after the release of economic data that raised expectations on the continuation of the policy of a sharp rise in interest rates by the … Read more
The Bank of America expects oil to average $ 100 per barrel in 2023 as demand in China picks up and Russian crude exits the market. Severe coronavirus lockdowns imposed by Beijing have curbed oil use in the world’s second largest economy this year, but analysts expect restrictions to ease as 2023 approaches. So far … Read more
Short-term inflation expectations for US consumers fell to a one-year low in September and expectations for the next five years improved, easing fears that the Federal Reserve could raise interest rates by a full percentage point. next week, according to a University of Michigan poll on Friday, Sept. 16.The survey came on the heels of … Read more