The drop in the mostly US dollar deposits came during a period when the local shilling remained largely stable.
The dollar’s strength against the euro, the yen and other foreign currencies means bargains for U.S. travelers.
The agency also affirmed Egypt’s foreign-currency senior unsecured ratings at Caa1 and its foreign-currency senior unsecured ...
U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and ...
Wall Street is sliding toward losses in premarket trading after Walmart, the nation’s biggest retailer and a bellwether for ...
The naira experienced an improved performance against the US dollar in all foreign exchange markets on Wednesday, February 19 ...
The Express Tribune on MSN20h
Pressure on exchange rate worries EAC
The Economic Advisory Council (EAC) on Wednesday raised concerns over the pressure building upon the exchange rate that was ...
Laureate Education, Inc. (NASDAQ: LAUR), which operates five higher education institutions across Mexico and Peru, today announced financial results for the fourth quarter and the year ended December ...
The Indian currency has been going through a rough phase. This difficult ride for the Indian Rupee is not new. In the past 5 ...