money markets

Oil prices drifted lower at the mid-week trading session in London. The plunge in crude oil prices is largely due to a surge in U.S. crude oil stockpiles and the travel restrictions put in place to…
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The Egyptian Exchange (EGX) closed Wednesday’s trading on a positive note on the back of foreign and local purchases.
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The Bank Al-Maghrib (BAM) announced that the Moroccan dirham has appreciated in value against both the US dollar and the euro. Morocco’s national bank reported that over the period between the 10 and…
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The Financial Regulatory Authority (FRA) will launch a new arbitration center to settle non-banking finance related disputes soon
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European stocks traded in positive territory on Thursday as traders react positively to comments from the U.S. Federal Reserve that it will continue to support the economy.
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Gold prices rose as much as 1% on Thursday as the dollar index extended its slide on progress with U.S. stimulus plans and the Federal Reserve’s commitment to pump more cash into the economy and keep…
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South Africa’s main equities index rallied beyond the 60,000 points level for the first time since August 2018, benefiting from positive sentiment toward riskier assets as investors mulled speculation…
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Egypt’s stock exchange’s (EGX) indexes ended slightly higher on Tuesday, with the benchmark EGX 30 index adding only 0.09 percent to 11,057 points.
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EFG Hermes subsidiary, Hermes Securities Brokerage, sold a second 500 million Egyptian pounds tranche of unsecuritized bonds, resuming its EGP 2 bn two-year corporate bond program, according to a…
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The Financial Regulatory Authority (FRA) approved seven securitization bond issuances worth 9.3 billion Egyptian pounds for five companies, with the guarantee of future financial rights portfolios of…
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