Wednesday, April 8, 2026

curb inflation

The Central Bank of Egypt withdraws 1.05 trillion pounds of bank liquidity to curb inflation

The Central Bank of Egypt withdrew a record amount of surplus bank liquidity in a historic weekly tender, with the aim of controlling inflation and lowering prices. The Central Bank of Egypt withdrew 1.050 trillion pounds from the surplus liquidity...

Central Bank of Egypt raises interest rates by 600 points to curb inflation

The Central Bank of Egypt's decision aims to absorb cash liquidity from the market and reduce demand for goods and services, which may contribute to reducing the inflation rate in the medium term. The Central Bank of Egypt held an...

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Dollar Rate in Pakistan Impacts UAE: Won Breaks Below 1,500

The dollar rate in Pakistan has taken a significant turn as the Won breaks below 1,500 per dollar on hopes of mediation. This development may have a ripple effect on UAE remittances, particularly for Pakistani expats in the UAE.

Today’s Gold Rate in Dubai Sees 0.36% Increase

Gold rates in Dubai have increased by 0.36% as of 7th April, with 24K gold now priced at AED 208.75 per gram. This surge is expected to impact the UAE's gold market, with buyers and sellers eagerly watching the price movements.

Kuwait Gold Rates Update: 24K, 22K Prices on April 7

Gold rates in Kuwait have been updated, with 24K gold trading at a significant price. The latest prices are available for comparison with other major Gulf cities.

Dollar Rate in Pakistan Impacts UAE Remittances

The dollar rate in Pakistan has been fluctuating, currently standing at 286.50 PKR per USD, as of 7 April 2026. This instability affects remittances from the UAE, with Pakistani expatriates facing challenges in sending money back home.

Gold Rates in Dubai Today: 24K, 22K Prices

Gold rates in Dubai are trending upward, with 24K gold priced at approximately 215 AED per gram. Check the latest prices at prominent jewelers like Kalyan Jewellers, iGold, and Malabar Gold.