IMF Approves Second Tranche of Egypt Loan
The International Monetary Fund has approved a second tranche of a $12 billion loan to Egypt, praising the country's tough ...
Tag: Pound sterling
Egypt Fuel Price Hikes Fan Inflation Fears
Hisham Gaber had been preparing his wedding for months, but started to have second thoughts as inflation in Egypt rocketed ...
US, European Stocks Tumble; Euro Hits 13-Month High
US and European stocks tumbled Thursday amid unease over hawkish commentary from central banks, while the euro rose to its ...
Egypt Slashes Fuel Subsidies In IMF-Backed Reform
Egypt announced a new sharp increase in fuel prices on Thursday, as it slashes government subsidies in a tough IMF-backed ...
Pound Down After Early Election Results
Pound slumped by more than two cents to $1.2717 after the exit poll was announced The pound is down sharply ...
Rule Change Pushes Premier League Into GBP312m Loss
The Premier League is set to announce a record annual pre-tax loss of £312 million because of the declining value ...
Britain’s New 1-Pound Coin Goes Into Circulation
Just before officially triggering the Brexit process, Britain is marking the launch of a new 1-pound coin with a 12-sided ...
Akufo-Addo’s SONA Was Only A “statement of Problem” – Minority MPs
Ghana’s minority members of parliament have described as “lofty rhetoric,” President Akufo-Addo’s maiden State of the Nation Address, arguing it ...
Akufo-Addo’s SONA ‘full of Lies’ – Minority
The Minority in Parliament has passed a scathingly damning verdict on President Akufo-Addo’s maiden State of the Nation Address, describing ...
525 National Security Operatives Sacked By Government
The government of President Nana Addo Dankwa Akufo-Addo has sacked 525 national security operatives, Haruna Iddrisu, Minority Leader and Member ...
Akufo-Addo’s Presentation On Economy Was One-Sided
The Minority in Parliament has presented what they term, the true state of the nation address a day after President ...
Egypt Pound Rebounds From Flotation Slide
The Egyptian pound strengthened against the US dollar on Monday, regaining ground after record lows which followed the central bank's ...
Government Warns On Transition To New Pound Coin
A new 12-sided pound coin will come into circulation in March The public is being urged to spend hundreds of ...
Election Risks, Retail Sales Hurt Pound and Euro
Falls for the euro and the pound dominated trade in the major global currencies on Friday, hit by a combination ...
The Top 12 Most Expensive African Footballers Ever
Most of the soccer players in Africa have contributed immensely to European football. The talent and quality of these Africans ...
Pound Falls Ahead of Theresa May Brexit Speech
The pound has hit its lowest level for more than three months on reports Britain was set to quit the ...
European Shares Dip, Sterling Falls On Brexit Comments
The dollar edged higher on Monday, boosted by robust U. S. wage growth data strengthening the case for more Federal ...
Bank of England Holds Interest Rates
The Bank of England has voted unanimously to keep the UK's main interest rate at a record low of 0.25%. ...
UK Trade Deficit Narrows In October
Exports increased by £2bn, lifted by machinery and transport orders, while imports decreased by £1.8bn, the Office for National Statistics ...
Pound Recovers Ground After US Election
The pound has continued to recover ground following this week's US election result. The news will bring some respite to ...