Economy

To raise scarce dollars, Egypt looks to pension plans, draft evaders

Egypt is offering a minimum $5,000 fee for Egyptians living abroad who wish to clear their military service obligations and a U.S. dollar pension...

Sterling steady ahead of data-heavy week

The pound ticked a fraction higher against the dollar on Monday as traders stayed focused on key data due this week for hints on...

Dollar hits more than one-month high on China fears, rising yields

The U.S. dollar hit more than a one-month high on Monday as investors sought a safe haven due to concerns about China's economy, while...

Dollar set for fourth week of gains, inflation cements rate outlook

The dollar headed for a fourth weekly gain on Friday after data showed U.S. inflation did not pick up as strongly as expected in...

Rouble hits over 16-month low under FX demand pressure

The rouble hit a more than 16-month low on Wednesday, hampered by strong foreign currency demand and limited supply, with Russia's shrinking trade surplus...

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