The time is right for Bangladesh to move towards a more flexible exchange rate regime, said Chris Papageorgiou, mission chief of the International Monetary Fund (IMF) to Bangladesh. The exchange ...

The government homegrown economic reform clearly indicates that the ongoing liberalization will be consolidated.Among others the measures like privatization, forex floating, allowing foreign banks ...

Looking ahead, the primary driver of movement for the Pound Euro exchange rate looking ahead to Thursday will likely be the publication of Germany’s latest Ifo business climate. April’s index ...

Looking ahead to Wednesday, the Pound US Dollar exchange rate is likely to be driven by the release of fresh PMI data from both the UK and the Eurozone. In the UK, preliminary readings for the ...

Egypt - Markets are closely watching the reopening of banks on Tuesday—following the Easter and Sham El-Nessim holidays—to assess how the Central Bank of Egypt’s (CBE) surprise 2.25% interest rate cut ...

the exchange rate is affected by the return on the EGP-denominated T-bills rather than policy rates, and given the recent increase in yields, we think that this would allow the CBE to cut the ...

The committee also kept the discount rate at 27.75 percent. On a global level, the CBE stated that the world economic outlook remains uncertain. Some central banks in advanced and emerging markets ...

Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt's (CBE) recent decision to reduce interest rates on the exchange rate of the US dollar against the Egyptian pound.