CBE responds to rise in US dollar exchange rate ...Egypt

The Central Bank of Egypt (CBE) issued analysis showed that the US dollar index rose globally by 0.60 percent, benefiting from the increasing expectations of an increase in the interest rate at the Federal Reserve (the US Central Bank). According to the report, this led to the US dollar rising more than the losses it recorded at the beginning of the week. This was led by lower bond yields, and the euro fell 0.59 percent against the strong dollar, despite the release of the minutes of the European Central Bank meeting in September – which confirmed the direction of policy makers towards tightening monetary policy. The recession fears rose in Europe during the week, as retail sales in the Euro

Hence then, the article about cbe responds to rise in us dollar exchange rate was published today ( Saturday 15/10/2022 - 11:36 AM ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( CBE responds to rise in US dollar exchange rate )

Last updated : 15 October 2022 clock 11:36 AM

Also on site :

CBE responds to rise in US dollar exchange rate ...Egypt

FIFA Makes Additional World Cup Tickets Available. Thousands Remain Unsold

India warns against double standards in tackling global security threats

Noah Wyle’s ‘The Pitt’ co-star Sepideh Moafi breaks silence on ‘rivalry’ rumors

"Rare maturity": AB de Villiers awestruck by Vaibhav Sooryavanshi’s fearless batting and elite mindset at age of 15

From Passion to Profession: How Wade College Helps Students Launch Creative Careers

From Customer to Investor, Lokam.ai Raises $350,000 to Help Dealerships Sell More Cars and Retain Service Revenue

Man found guilty of murdering 18-year-old student with Sikh ceremonial knife

The MyPillow Guy Is Getting Dragged Back Into Cyber Warfare

Three stabbed in knife rampage outside busy train station in Switzerland

Olivia Rodrigo Slams Criticism of Babydoll Dresses: ‘Really Shows How We Really Normalize Pedophilia in Our Culture’

’70s Country Star Announces Special Update After Canceling Tour

Taiwan suspects Nvidia chips smuggled to China via Japan

The Oura Ring 5 Is Official, and Starts Shipping Next Week

Transcript: Trump Blurts Out Surprise Midterm Admission as GOP Panics

Texas Woman Uses AirTags To Track Husband After ICE Arrest