Egyptian Council of Ministers Unveils Final Economic Document for Development Projects

Egyptian Council of Ministers Unveils Final Economic Document for Development Projects

10:43 PM Sunday, January 7, 2024 Books – Hassan Morsi:Counselor Muhammad Al-Homsani, spokesman for the Council of Ministers, said that the final form of the Council of Ministers’ economic document enjoys clear participation from experts in all fields, so that the document is implementable in a number of development projects through financial and monetary policy … Read more

US Dollar Reaches Highest Level in Two Weeks, Driven by Rise in Treasury Bond Yields

US Dollar Reaches Highest Level in Two Weeks, Driven by Rise in Treasury Bond Yields

The US dollar rose to its highest level in two weeks, supported by a rise in US Treasury bond yields, with investors questioning market expectations of six interest rate cuts during 2024. Reuters noted that trading in Asia was relatively weak in light of the holiday in Japan and the market’s anticipation of the release … Read more

U.S. Dollar Index Surges on First Trading Day of 2024 as Investors Await Economic Data

U.S. Dollar Index Surges on First Trading Day of 2024 as Investors Await Economic Data

Supported by higher U.S. bond yields,dollar indexUp on the first trading day of 2024. Meanwhile, investors are awaiting the latest U.S. employment data and European inflation data for clues about central bank policy. In late New York trading on Tuesday (2nd), ICE tracked the U.S. dollar against six major currencies. dollar index (DXY) rose about … Read more

How does it impact Mexico, Cuba, Honduras and other countries in the region?

How does it impact Mexico, Cuba, Honduras and other countries in the region?

As the year comes to a close, the US dollar experiences a negative close, marking its worst performance since 2020. During the last trading session on Friday, December 29, the dollar index (DXY) registered a slight increase of 0.15%, reaching 101,060 units, according to data provided by Investing. This index measures the strength of the … Read more

National Bank of Egypt Currency Rates: Dollar, Euro, Pound, and More – December 31, 2023

National Bank of Egypt Currency Rates: Dollar, Euro, Pound, and More – December 31, 2023

Written by Reham Al-Basha Sunday, December 31, 2023 10:45 AM We publish currency rates today, Sunday 12-31-2023, against the Egyptian pound, in morning updates at the National Bank of Egypt, where it was recorded dollar price In front of the pound, there are 30.75 pounds to buy and 30.85 pounds to sell, while the price … Read more