The Egyptian market awaits the decision of the Central Bank of Egypt this evening, Thursday, regarding the interest rate, which is expected to be announced tonight. The continued appreciation of the dollar. Last night the US Federal Reserve raised the dollar interest rate from 0.75% to 3.25%, and this decision is usually followed by most … Read more
Huang Lichen: Gold fluctuates low, watch out for boot landing and rising market On Wednesday, September 21, the international gold market fluctuated in a narrow range on the Asian market: the price of gold opened in the morning at $ 1,664, with a low of $ 1,661 and a high of $ 1,676. $ 1,670. … Read more
Al-Marsad Daily: The price of the dollar rose against the pound in Egypt by about 5 pips today, Wednesday, compared to yesterday’s prices. Thus, the Egyptian pound has fallen to its lowest level since the liberalization of the pound exchange in November 2016. According to “Cairo 24”. The price of the dollar in the Central … Read more
16:53 Wednesday 21 September 2022 – I wrote – Sherine Salah: The dollar exchange rate rose today, Wednesday, to the same historical level it had recorded earlier against the pound in December 2016, after a notable increase in today’s trading from yesterday’s level. Today the dollar price rose 5 pips against the pound in 8 … Read more
Global news 49jHkgYVruhitemTurkish official: Turkish and US companies sign an agreement to send the first Turkish astronaut into spaceworld.huanqiu.com 49jH3AlQdvMitemWang Yi meets Ethiopian Deputy Prime Minister and Foreign Minister Demekworld.huanqiu.com 49jH2gvC8CbitemBiden’s remarks “the epidemic is over” sparked protests outside the White House, Fauci also warned.world.huanqiu.com 49jIKk0IwcVitemExplosion in an ammunition depot in the province of Homs … 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
The dollar fell roughly one percent from its 20-year high against other major currencies at the start of a week that will see dozens of central bank decisions, led by the Federal Reserve (US central bank) on Wednesday. , followed by the Bank of Japan and the Bank of England the next day. The dollar … 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
Cairo – Mubasher: The red color dominated the Egyptian stock market indices at the end of trading today, Sunday, affected by the sales of Arabs and foreigners.. Egypt’s EGX30 main stock market index fell 3.13 percent during today’s session, closing at 9,763 points, and the similarly weighted EGX70 medium and small business index fell 6.76 … Read more
The world is changing, a deep recession is expected and central banks are reversing their monetary policies. As a result, the world’s currencies are going on a roller coaster where they haven’t been for years. What will it lead to? For a long time, currencies were almost unknown. Over the past fifteen years, global currencies … Read more