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Naira Trades Stronger in July as Currency Reform Begins to Yield Dividends
02 Jul 2025 14:29 GMT
… depreciations are the South Sudan pound and Zimbabwe dollar, both … as Ethiopia, Malawi, and Egypt, the same drivers by … drastic devaluations of the currency, while Ghana’s cedi … full recovery. For sustained currency appreciation, Nigeria would nevertheless …
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Egypt’s parliament greenlights additional $1.7bln FY2024/25 budget allocation
01 Jul 2025 11:09 GMT
… the impact of a weaker Egyptian pound, which has depreciated to EGP …
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Egypt tops Argentina's orange imports
30 Jun 2025 18:50 GMT
… . First, the devaluation of the Egyptian pound in recent years has made …
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USD exchange rates below EGP 50-mark at Egyptian banks on Sunday
30 Jun 2025 09:58 GMT
… the US dollar to the Egyptian pound retreated on Sunday.
At the …
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Standard and Poor's 500 and and Nasdaq Composite close at record highs
03 Jul 2025 22:01 GMT
… 3,106.80
EGX 30 (Egypt) (^CASE30): Increased 113.30 points … 32,820.50
Africa Gains
Currency Markets
US Dollar Index (DX … ) to 2,429.92
British Pound Index (^XDB): Up 0.12 … percent) to 136.48
Euro Currency Index (^XDE): Fell 0.42 …
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Wall Street diverges, but techs advance Wednesday
02 Jul 2025 21:31 GMT
…
Global Forex Markets Wrap: Dollar Mixed as Euro, Pound Slide on … key movements in major currency pairs:
Major Currency Pairs
EUR… remains selective," said currency strategist Mark Chandler. … 078.71.
EGX 30 (Egypt): Egypt's index rose 0 …
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Weaker US dollar will reduce purchasing power and discretionary spending in Gulf
01 Jul 2025 15:43 GMT
… says.
“This peg ensures currency stability, but it also … For residents earning in local currency, international expenses such as … Travellers from the eurozone, from pound-sterling areas, will find … regional destinations, such as Egypt, Jordan, or Lebanon, …
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How Syrians coped without SWIFT transfers and what comes next
01 Jul 2025 11:13 GMT
… regime, desperate for hard currency, forced remittances through state-controlled … , controlled access to foreign currency. Traders were required to … in neighbouring UAE or Egypt to facilitate business transactions. … of 5,000 Syrian Pound notes (worth about 50 …
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New Collapsing Lexicon
30 Jun 2025 11:30 GMT
… on the south, civilians, and currency exchange workers, demanding that the … US deployment of 30,000-pound bombs had “obliterated” Iran’s … before onward travel to Europe.
Egypt emerged as another escape route …
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Morning Bid: The euro's big beautiful moment
30 Jun 2025 10:38 GMT
… centred on the U.S. currency beginning to unravel? * The war … columnist Ron Bousso explains why Egypt was one of the biggest … 3.5% against both the pound and the Japanese yen and …