Currency News - Page 3
428 articles
Emirates NBD Egypt named official bank for Gouna Film Festival
Emirates NBD Egypt will serve as the official banking partner for the ninth Gouna Film Festival, marking a direct push to link financial services with Egypt's creative sector.
Emirates NBD Egypt puts banking on the creative stage
Emirates NBD Egypt is moving into the creative sector by joining the Gouna Film Festival as its official banking partner. The bank wants to connect with new audiences and link banking with culture.
Egyptian Agricultural Bank launches 10 percent cashback for online card payments
Egypt's Agricultural Bank is offering a 10 percent cashback on online purchases made with its credit cards, up to a maximum of 5,000 EGP. The move aims to drive digital payment adoption and reward cardholders for electronic spending.
New US banknotes hit wallets as collectors hunt for rare varieties
Fresh US banknotes with new signatures and subtle design changes are now in circulation. Collectors are zeroing in on small-size notes, hoping to spot the next big rarity.
Supergirl silver and gold coins set for US Mint release
The United States Mint will launch a Supergirl-themed 2.5-ounce silver medal and a half-ounce 24-karat gold coin on October 1, with strict mintage limits and designs featuring the iconic DC character and Krypto the Superdog
US bond volatility jumps as stocks hold steady
US Treasury volatility surged in September, but stocks barely moved. Deutsche Bank links the split to strong economic growth and diverging risk signals between bonds and equities.
Pound Sterling stays above 22 against Rand as rate hike hopes fade
Crédit Agricole expects the South African Reserve Bank to keep its policy rate at 7.25 percent through the fourth quarter. Oil prices remain the main risk, and the Pound to Rand exchange rate holds above 22.00.
US dollar slips after weak jobs report shakes rate hike bets
A weaker-than-expected US jobs report sent the dollar down against the pound, euro, and Australian dollar, raising doubts about the Federal Reserve's next move and rattling global currency markets.
Emirates NBD backs major Dubai aircraft maintenance hub
A new Emirates NBD loan will fund one of the Middle East's largest independent aircraft maintenance facilities in Dubai, aiming to boost local aviation infrastructure and support the city's ambitions as a global air hub
Emirates NBD Egypt offers personal loans up to EGP 5 million
Emirates NBD Egypt now lets customers borrow up to EGP 5 million with repayment terms as long as 12 years. The loan targets those who need large sums and want flexible payment, insurance, and early settlement options.
Goldman Sachs and Crédit Agricole slash dollar-yen forecasts
Goldman Sachs and Crédit Agricole have sharply lowered their US dollar to Japanese yen forecasts. Both banks now expect a stronger yen, pointing to policy changes in Japan and possible pension-fund moves.
Chinese Yuan Rally Stalls as Rabobank Sees Modest Gains Ahead
Rabobank now expects only slight gains for the Chinese Yuan against the US Dollar in the coming year. The bank points to recent appreciation, slower growth, and limited policy easing as reasons for a pause.
US Dollar Holds Firm as Fed Faces Jobs Data Test
The US jobs report could force the Federal Reserve's hand. Big banks are split on whether slower hiring and wage growth will be enough to stop more rate hikes. The Dollar is still holding strong.
Turkish lira set for deeper fall as dollar forecast climbs to 57
MUFG now sees the US dollar hitting 57 Turkish lira by September 2027. High energy costs, weak reserves, and financial stress at home keep the lira under pressure.
Courier fraud targets gold buyers as banks tighten payment rules
A surge in courier fraud is forcing gold dealers and buyers to navigate stricter bank controls and legal risks as scammers exploit trust in precious metals transactions for high-value thefts
Euro slips as energy and French debt risks overshadow ECB policy
Rabobank is set to lower its EUR/USD forecasts. Europe's energy needs and France's rising debt keep the Euro under pressure, even as the ECB raises rates.
Sterling faces budget test as EU ties and rate hikes shape outlook
The British Pound holds near recent highs against the Euro as analysts debate whether closer EU ties or higher interest rates can offset looming fiscal and political risks for Sterling.
Royal Mint Marks Cluedo Anniversary with New 50 Pence Coins
The Royal Mint has launched a series of 50 pence coins to celebrate 75 years of Cluedo, featuring iconic game pieces and characters. Collectors can choose from uncirculated, silver, and gold proof editions, plus a themed advent calendar.
Why Collectors Find Value Beyond the Coins Themselves
Coin collecting is often seen as a solitary pursuit but recent trends show that the real satisfaction for many comes from sharing the hobby with others at shows and clubs
Abu Dhabi First Bank eyes double digit credit growth by 2026
Jefferies expects Abu Dhabi First Bank to post double digit annual credit growth through 2026, fueled by government lending and non interest income. The bank is now Jefferies' top UAE stock pick with a 24.5 dirham target.
Egypt's Largest Bank Warns Customers About Fake Investment Platforms
Egypt's National Bank is urging customers to avoid fraudulent investment platforms that promise quick profits but use deceptive tactics to steal funds. The warning highlights the risks of trusting unverified online schemes targeting personal savings.
Emirates NBD and H&H Development test new Dubai mortgage model
Emirates NBD and H&H Development are piloting a mortgage for Dubai off-plan buyers, letting them borrow once half the property is paid. The scheme could roll out to more projects if it works.
Mashreq and Alshaya roll out Mastercard rewards cards in UAE
Mashreq Bank and Alshaya Group have teamed up with Mastercard to launch three new credit cards in the UAE, offering up to 25 percent discounts and 12 percent rewards for spending at major retail and dining brands
Germany cuts silver in commemorative coins as metal prices soar
Germany will reduce the silver content in its commemorative euro coins after halting releases due to surging silver prices. The move marks a significant shift for collectors and signals changing economics for legal-tender coinage.
CAC Grading Sells 20000 Signed Labels for Numismatic Charities
CAC Grading auctioned 20,000 hand-signed certification labels by founder John Albanese, raising a six-figure sum for coin clubs, numismatic groups, and food pantries. This one-time event closes the chapter on Albanese's signature on CACG labels.
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