US dollar

Lebanese central bank says pound stable, adds to forex reserves

Beirut - Muslimchronicle

The Lebanese central bank has the foreign-currency reserves it needs to keep the pound stable against the US dollar at its pegged rate for the foreseeable future, the central bank governor said on Tuesday. Riad Salameh said in an interview that since June the central bank has been engaged in three financial operations intended to maintain high levels of dollarRead more

Dollar exchange rate stable at major banks in Egypt

Cairo - MENA

The exchange rate of the US dollar was stable on Thursday at major banks. The dollar price reached EGP 17.95 for buying and 18.05 for selling at the National Bank of Egypt and Banque Misr. At Banque Du Caire and the Commercial International Bank (CIB), the dollar price upped by 10 piasters to EGP 18.05 for buying and EGP 18.15Read more

US Treasury’s Mnuchin: Trump “absolutely not” trying to talk down dollar

London - Arab Today

US President Donald Trump is “absolutely not” trying to talk down the strength of the US dollar, Treasury Secretary Steven Mnuchin was quoted as saying in Wednesday’s edition of the Financial Times. Mnuchin’s remarks build on those first published in an interview with the FT late on Monday, in which he played down remarks by Trump in a Wall StreetRead more

Dollar exchange rate stable at major Egyptian banks

Cairo - MENA

The exchange rate of the US dollar was stable on Wednesday at major banks. The dollar price reached EGP 17.95 for buying and 18.05 for selling at the National Bank of Egypt and Banque Misr. At Banque Du Caire, the dollar price upped by 10 piasters to EGP 18.05 for buying and EGP 18.15 for selling. At the Commercial InternationalRead more

Dollar exchange rate stable at major banks

Cairo - MENA

The exchange rate of the US dollar was stable on Thursday at major banks. The dollar price reached EGP 17.95 for buying and 18.05 for selling at the National Bank of Egypt and Banque Misr. At Banque Du Caire, the dollar price upped by 10 piasters to EGP 18.05 for buying and EGP 18.15 for selling. At the Commercial InternationalRead more

Dollar exchange rate stable at major banks

Cairo - MENA

The exchange rate of the US dollar was stable on Wednesday at major banks. The dollar price reached EGP 17.95 for buying and 18.05 for selling at the National Bank of Egypt, Banque Misr and Banque Du Caire. At the Commercial International Bank (CIB), the dollar price upped by five piasters to EGP 18.05 for buying and EGP 18.15 forRead more

Dollar exchange rate stable at major banks

Cairo - MENA

The exchange rate of the US dollar was stable on Monday at major banks. The dollar price reached EGP 17.95 for buying and 18.05 for selling at the National Bank of Egypt, Banque Misr and Banque Du Caire. At the Arab African International Bank (AAIB) and the Commercial International Bank (CIB), the dollar exchange rate stood at EGP 18 forRead more

Dollar exchange rate stable at major banks

Cairo - MENA

The exchange rate of the US dollar was stable on Wednesday at major banks. The dollar price reached EGP 17.95 for buying and 18.05 for selling at the National Bank of Egypt, Banque Du Caire and Banque Misr. At the Arab African International Bank (AAIB) and the Commercial International Bank (CIB), the dollar exchange rate stood at EGP 18.10 forRead more

Dollar exchange rate stable at major Egyptian banks

Cairo - MENA

The exchange rate of the US dollar exceeded EGP 18 at banks during morning trading Sunday. The dollar price reached EGP 18 for buying and 18.10 for selling at the National Bank of Egypt, Banque Du Caire and Banque Misr. At the Arab African International Bank (AAIB) and Suez Canal Bank, the dollar price recorded EGP 18.05 for buying andRead more

Nigeria's central bank moves on forex to boost economy

Lagos - AFP

Nigeria's central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy out of recession caused by the slump in global oil prices. But analysts said the measures do not go far enough and foreign investment would only return to Africa's most populous nation once the market determines the currency's true value. TheRead more