All
 

 

Just in:  

You are here: Home»Markets»FXMM»Middle East & Africa

Middle East & Africa

Archive

Egyptian pound holds steady on official market CAIRO: Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Sunday, while the pound also remained stable on the black market. The central bank said it offered $40 million on Sunday and sold $38.4 million at a cut-off price of 7.5301 pounds per dollar CBEO, unchanged from the last auction on Thursday. The central bank has now kept the official exchange rate steady for more than a month after letting the pound weaken in an effort to wipe out black market trading.The pound was broadly steady on the parallel market on Thursday.One trader said the dollar was selling for 7.67 pounds, just slightly weaker than Thursday's rate of 7.66. Analysts say the central bank may have decided to stabilise the currency to stop it from depreciating too much and because it hopes other recent measures will have an impact. The ...

South Africa's rand falls to 13-year low after US jobs data JOHANNESBURG: South Africa's rand fell to 13-year low and government bonds also slid sharply on Friday, as emerging markets were heavily sold off after US job numbers strengthened the case for the Federal Reserve to hike interest rates. The rand tumbled nearly 2 percent to a session trough of 12.0650, its weakest level since early 2002, according to Thomson Reuters data. In fixed income, the yield on the benchmark 2026 bond jumped 20.5 basis points ...
South Africa's rand weakens after ECB unveils details of stimulus plan JOHANNESBURG: South Africa's rand weakened against the U.S. dollar on Thursday as the European Central Bank's announcement detailing its $1 trillion bond buying programme failed to halt the greenback's strong run.At 1620 GMT the rand had softened 0.3 percent to 11.8285 per dollar in volatile trade. It earlier gained close to 0.5 percent to 11.7300, its strongest level in a week, after the ECB's announcement.The dollar index showed the greenback maintaining its positive run as ...
Kenyan shilling firms, stocks fall for third day NAIROBI: Kenya's shilling firmed on Thursday helped by slow importer dollar demand and on expectations of foreign investors buying a government bond on sale this month.Stocks fell for a third consecutive day.The shilling closed at 91.05/15 to the dollar, compared with Wednesday's close of 91.15/25 to the dollar.Traders the shilling will also gain from hard currency inflows foreign investors preparing to buy an infrastructure bond on sale this month."Demand has somewhat eased after most of ...
Egypt's pound steady on official auction and black market CAIRO: Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Thursday, while the pound stayed stable on the black market. The central bank said it offered $40 million on Thursday and sold $38.4 million at a cut-off price of 7.5301 pounds per dollar, unchanged from the last auction on Wednesday. The central bank has now kept the official exchange rate steady for more than a ...
Ugandan shilling recovers after central bank dollar sale KAMPALA: Uganda's central bank was offering US dollars for sale after the shilling weakened to a record low on Thursday, traders said.The Bank of Uganda intervened after the local currency hit a new all-time low of 2,940/2,950 in early morning trading. The shilling's fall slowed to 2,930/2,940 after the dollar sell-off.Copyright Reuters, 2015 ...
South Africa's rand softer as US data hopes support dollar JOHANNESBURG: South Africa's rand was still on the back-foot on Thursday after falling to a three week low overnight in an emerging market sell-off prompted by expectations of strong US jobs data in the next session.The rand traded at 11.8280 per dollar, down 0.29 percent from its previous close.The rand partly tracked the euro, which wallowed near its weakest level in over 11 years against the dollar as investors waited for the European Central Bank ...

 



 
Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln