currency
Currency exchange between Egypt, China and UAE to start in 2024
Egypt
October 1, 2023
Currency exchange between Egypt, China and UAE to start in 2024
The Central Bank of Egypt will begin activating the exchange agreement between the pound, the Chinese yuan, and the UAE…
Egypt’s cabinet approves issuance of LE2 coin
Business
September 14, 2022
Egypt’s cabinet approves issuance of LE2 coin
The Cabinet, during its weekly meeting on Wednesday initially approved a proposal to conclude a partnership agreement between the Public…
Lira on four-day skid as Ankara struggles to hold confidence
Middle East
December 31, 2021
Lira on four-day skid as Ankara struggles to hold confidence
ISTANBUL, Dec 30 (Reuters) – The Turkish lira fell as much as 6% on Thursday, extending a four-day slide after…
US dollar, Arab currencies exchange rates vary on Wednesday in Egypt
Business
December 29, 2021
US dollar, Arab currencies exchange rates vary on Wednesday in Egypt
The US dollar and Arab currencies’ exchange rates varied on Wednesday morning against the Egyptian pound, according to the official…
New Syrian migrants seek Europe, driven by post-war misery
Middle East
December 21, 2021
New Syrian migrants seek Europe, driven by post-war misery
GIESSEN, Germany (AP) — She had already walked for 60 hours through the wet, dark forests of Poland, trying to…
Lira hits record lows as rate cut sets Turkey on uncertain path
Middle East
September 25, 2021
Lira hits record lows as rate cut sets Turkey on uncertain path
ANKARA, Sept 24 (Reuters) – Turkey’s lira hit an all-time low against the dollar on Friday, a day after the…
China: Central bank declares all cryptocurrency transactions ‘illegal’
World
September 24, 2021
China: Central bank declares all cryptocurrency transactions ‘illegal’
China’s central bank has made all cryptocurrency transactions illegal in mainland China, the bank announced in a statement on Friday. In a…
Afghans struggle with empty ATMs, soaring prices
Middle East
August 25, 2021
Afghans struggle with empty ATMs, soaring prices
Over a week after the Taliban’s takeover of Afghanistan’s capital Kabul, its residents are reeling from a severe shortage of cash…
West Africa’s Eco currency plan remains a pipe dream
World
July 2, 2021
West Africa’s Eco currency plan remains a pipe dream
Since its conception in 2003, leaders of the fifteen-member Economic Community of West African States (ECOWAS) have postponed the launch of…
Turkish lira plunges to near record lows on cenbank chief’s sacking
Middle East
March 22, 2021
Turkish lira plunges to near record lows on cenbank chief’s sacking
ISTANBUL (Reuters) – Turkey’s lira slid 15 percent to a near all-time low on Monday after President Tayyip Erdogan’s shock…