Currency News

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Jordan Ahli Bank Names Suleiman Abu Khader Chief Wholesale Banking Officer Currency Information

Jordan Ahli Bank Names Suleiman Abu Khader Chief Wholesale Banking Officer

Jordan Ahli Bank has appointed Suleiman Abu Khader to oversee wholesale banking for corporate and institutional clients. His career spans more than 25 years, with senior roles at banks in Jordan, Iraq and international markets.

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Singapore Dollar Holds Ground as MAS Eyes Policy Shift

Singapore's tech sector is driving growth and inflation, putting pressure on the Monetary Authority of Singapore to act. The US Dollar's momentum, however, keeps the USD/SGD rate pinned near key levels.

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UBS and Crédit Agricole clash over peso's 2027 path

UBS projects a stronger Mexican peso by September 2027, while Crédit Agricole expects the currency to weaken. The banks' opposing forecasts expose deep uncertainty around Mexico's exchange rate outlook.

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NZ Dollar Struggles as Inflation and Rate Bets Split Investors

Crédit Agricole expects the New Zealand dollar to recover against the US dollar, citing inflation risks and strong farm exports. Persistent US dollar demand and a cautious central bank keep traders divided.

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Australian Dollar Stalls as Rate Bets Slip and Bond Turmoil Grows

The Australian dollar's rebound is losing steam. Fading hopes for higher rates and wild swings in global bonds are dragging sentiment lower. This week's RBA minutes and labor data will set the tone for the currency's next move.

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National Bank of Egypt pulls ahead in corporate deposit race

The National Bank of Egypt added 816 billion pounds in corporate deposits from 2022 to 2025, outpacing 25 rivals and capturing almost a third of all new institutional money in the country's banking sector.

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Egyptian Agricultural Bank flags fake job offers on social media

Egypt's Agricultural Bank is warning job seekers to ignore unofficial interview invitations spreading online and to check only its official page for real openings.

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Sterling Holds Firm as UK Budget and Rate Decision Near

Sterling has outpaced the Euro this October, but traders are bracing for the UK Budget and a possible Bank of England rate hike. Fiscal jitters in France and Britain are steering currency bets as policy decisions loom.

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Egypt's Central Bank tightens control over banking complaints

Egypt's central bank is pushing banks to answer public complaints through the government's unified platform, tracking each case and demanding clear follow-up. The move puts new pressure on lenders to deliver real accountability.

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Emirates NBD Egypt pushes Mastercard perks with select retailers

Emirates NBD Egypt is rolling out Mastercard-linked offers with chosen brands, aiming to drive daily card use and deepen customer ties through focused retail partnerships.

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2008 Fractional Buffalo Gold Coins Slip Past Most Collectors

The 2008 American Buffalo 1/10 and 1/4 ounce gold coins pack 0.9999 purity into a rare, single-year run. Collectors eye them as larger bullion coins crowd the market.

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Ajij Steel lands SAR 75 million Islamic loan from Abu Dhabi bank

Ajij Steel, part of National Building and Marketing, clinched a SAR 75 million sharia-compliant loan from First Abu Dhabi Bank for working capital. The five-month deal puts Islamic finance at the center of Saudi industrial funding.

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Monnaie de Paris launches Disney anniversary coins for collectors

Monnaie de Paris rolls out a Disney coin series for major film anniversaries, including Winnie the Pooh and Cars. Each coin features unique designs and strict mintage caps, fueling demand among collectors.

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Emirates NBD Egypt rolls out cardholder deals at top retailers

Emirates NBD Egypt is pushing new Mastercard discounts: up to EGP 3,000 off at Mazaya, 10 percent off at Rush Brush, and up to 30 percent off select diamond pieces at The Diamond Zone.

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Trump Dollar Coin Ignites US Mint Sales Frenzy

US Mint sales have soared as the Donald J. Trump dollar coin lands, moving tens of thousands of units despite fierce debate. Fresh 2026 coins and medals crowd the market, forcing collectors to make tough choices.

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Abu Dhabi First Bank wins court fight for South Africa entry

A South African court has cleared the way for Abu Dhabi First Bank to pursue a banking license, removing a trademark dispute that blocked its plans and opening a new front for Gulf capital in Africa's financial sector.

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Qara for Energy Tops Egypt's Stock Market as Banks Hold Ground

Qara for Energy and Investment pulled in over EGP 1.56 billion in weekly trades, outpacing Egypt's biggest banks and telecoms by both value and volume.

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Ireland Marks U2's 50th Anniversary With Special Two Euro Coin

A new €2 coin from the Central Bank of Ireland honors U2's five-decade run, with both uncirculated and proof editions snapped up by collectors across Europe.

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Abu Dhabi summit inks seven deals for 2026 investment push

Investopia Bridge 2026 in Abu Dhabi ended with seven new agreements as over 800 leaders and officials mapped out shifts in global investment and digital finance.

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CAC Grading launches one-off charity label auction for coin groups

A single auction of 20,000 signed CAC Grading labels has opened new funding for nonprofit coin groups. Organizations may now apply for support as proceeds move to numismatic and charitable causes.

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Arab African International Bank flags new wave of digital fraud against customers

Arab African International Bank is warning customers about a sharp rise in digital fraud attempts. Scammers are using fake calls and links to steal sensitive banking information as digital banking grows across Egypt.

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France pressed to pass 2027 budget as bond yields hit 25-year high

French government borrowing costs have jumped to their highest level since 2002. Euro zone finance ministers and the European Central Bank are urging France to approve its 2027 budget to calm markets and avoid wider fallout.

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Oman's Al Anqa Power shareholders force through 81 baisa cash dividend, take payout control from board

Al Anqa Power shareholders have voted to distribute a cash dividend of 81 baisa per share and revoked the board's previous authority to decide future payouts, signaling a shift in corporate governance

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Collectors Push Back on Modern US Coin Designs and Trump Dollar

US coin collectors are voicing strong criticism of recent coin designs, from superhero themes to the new presidential dollar, raising questions about artistic standards and the politicization of currency

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Rupee Slides Despite RBI Rate Hike as Dollar Keeps Climbing

The Reserve Bank of India raised its repo rate to 5.50 percent and shifted to a calibrated tightening stance, but the Rupee is still trading near record lows against the US Dollar. Analysts warn more challenges are ahead.

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