Egypt Ezine

Tag : foreign exchange

Dollar heads for weekly gain as yen nears 160 level
Business

Dollar heads for weekly gain as yen nears 160 level

egyptezine.com
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in...
Bank of Korea holds 2.5% rate and rolls out dot plot
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

egyptezine.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...