04:45 PM Saturday 12 March 2022 I wrote – Manal Al-Masry: Bank clients are awaiting the Central Bank’s decision to decide the fate of interest at the upcoming Monetary Policy Committee meeting on March 24th, due to the turbulent global conditions and their repercussions on the Egyptian market. The opinions of bankers who spoke with … Read more
About $712.6 billion … the value of new bonds issued in the Chinese market last January BEIJING, March 6, 2022 (Xinhua) China’s bond issuance totaled 4.51 trillion yuan (about 712.6 billion US dollars) last January, according to data from the central bank. Data show that the issuance of treasury bonds amounted to 466 billion yuan, … Read more
The prices of Arab and foreign currencies recorded a difference against the Egyptian pound today, Thursday 3-3-2022, during morning trading, in Egyptian banks, where the dollar price was fixed at 15.64 pounds for purchase, and 15.74 pounds for sale, and the Saudi riyal price was fixed at 4.18 pounds for purchase. , and 4.19 pounds … Read more
The prices of Arab and foreign currencies varied today, Wednesday 2-3-2022, against the Egyptian pound, during morning trading, in Egyptian banks, where the price of the dollar against the pound was fixed at 15.64 pounds for purchase, and 15.74 pounds for sale, and the Saudi riyal exchange rate was fixed at 4.18 EGP for purchase, … Read more
Jerome Powell The key interest rate is currently in the extremely low range of 0.0 to 0.25 percent. (Photo: AP) Washington Despite the unforeseeable consequences of the Ukraine war, the US Federal Reserve will in all likelihood initiate the interest rate turnaround this month. “We expect it will be appropriate to raise the target range … Read more
The prices of Arab and foreign currencies varied today, Tuesday 1-3-2022, against the Egyptian pound, at the beginning of morning transactions, in the banks operating in Egypt, where the price of the dollar against the pound was fixed at 15.64 pounds for purchase, and 15.74 pounds for sale, and the exchange rate of the Saudi … Read more
The Central Bank explained that the result of the month continues to be influenced by the greater opening of the economy, the support measures for households and the partial withdrawals of AFP funds. The Central Bank reported this Tuesday that according to preliminary information, the Monthly Index of Economic Activity (Imacec) for January 2022 grew … Read more
Original title: The situation in Russia and Ukraine continues to be tense as global central banks and financial markets prepare for volatility The situation in Russia and Ukraine has fermented beyond expectations, and the military action seems to have developed into a tug-of-war. With Western sanctions on Russia, especially restricting some Russian banks from using … Read more