Egypt records 77% rise in remittances over 10 months: Central Bank data
Remittances are one of Egypt’s most vital sources of foreign currency, alongside Suez Canal revenues, tourism, and exports...
Tag : currency
UAE’s new dirham symbol & digital currency: All you need to know
The FX Global Code was adopted by the UAE concurrently with the symbol's introduction, making the CBUAE the first Arab central bank to join this significant framework...
HSBC’s new gameplan: Investment banking retrenchment, more focus on Asia
LSEG data indicates that HSBC earned USD 107.3 million, or 7% of the total fee pool, in 2024, the highest amount of investment banking fees in the MENA region...
Donald Trump’s dollar strategy spurs debate on Africa’s currency future
Donald Trump’s warnings could exacerbate concerns, steering African nations toward the dollar or prompting them to chart an independent course...
Savings clubs: Good or bad for Zimbabwe?
Savings clubs have become a source of capital for many people on the economic margins...
Revolutionising FX Strategies with AI
For FX professionals, the AI tools are game-changers, helping them anticipate how shifts impact positions, reduce risks, and refine strategies with precision...
Monex Canada provides highest level of security: CEO Anil Sawrup
Monex Canada leverages advanced technology to provide a seamless, secure, and efficient experience for our clients through our online platform...
Africa’s currency crisis: A global problem
The depreciation of currencies has forced foreign companies to rethink their African investments...
How did money come into being?
The spread of money throughout the Mediterranean didn’t mean that it was universally used...