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    As Lebanon prices soar, mothers barter clothes for baby milk

    As Lebanon prices soar, mothers barter clothes for baby milk

    30 Jun 2020

    An evening dress for milk formula, children's clothes for cooking oil — as they watch prices soar in crisis-hit Lebanon, parents are taking to bartering online to survive. Tens...

    World’s first gold-backed digital currency launched in GCC, MEA

    World’s first gold-backed digital currency launched in GCC, MEA

    23 Jun 2020

    Business Bureau, Gulf Today IBMC Financial Professionals Group, an internationally recognised financial services institution and business consultants, has joined hands with US Gold Currency and Blockfills to bring the...

    Lebanese central bank to inject dollars as currency tumbles

    Lebanese central bank to inject dollars as currency tumbles

    12 Jun 2020

    Lebanon's money changers said the country's central bank agreed Friday to inject fresh dollars into the market to prop up the national currency following a night of protests spurred...

    UAE Central Bank expects recovery of economic activity in H2 2020

    UAE Central Bank expects recovery of economic activity in H2 2020

    11 Jun 2020

    The Central Bank of the UAE (CBUAE) has projected the recovery of economic activity to commence in the second half of the year. The first quarter economic activities witnessed...

    Turkish central bank trims rates

    Turkish central bank trims rates

    22 May 2020

    Turkey’s central bank cut its policy rate by 50 basis points to 8.25% as expected on Thursday, taking advantage of recent lira strength to keep supporting an economy that...

    DGCX volumes in G6 currencies up

    DGCX volumes in G6 currencies up

    02 May 2020

    Business Bureau, Gulf Today The Dubai Gold and Commodities Exchange (DGCX) continued to see robust trading activity in April, with members increasingly seeking to protect themselves against volatility and...

    Idea of working remotely may gain wide currency

    Idea of working remotely may gain wide currency

    01 Apr 2020

    Imran Mojib, Special Correspondent The growing trend of working remotely is set to be the new norm for the foreseeable future, with employers developing more flexible ways to conduct...

    India’s top court strikes down RBI banking ban on cryptocurrency

    India’s top court strikes down RBI banking ban on cryptocurrency

    04 Mar 2020

    India's Supreme Court on Wednesday allowed banks to handle cryptocurrency transactions from exchanges and traders, overturning a central bank ban that dealt the thriving industry a major blow. The...

    IMF programme boosts pace of macroeconomic stabilisation: SBP

    IMF programme boosts pace of macroeconomic stabilisation: SBP

    07 Jan 2020

    The State Bank of Pakistan (SBP) released its first quarterly report on the state of Pakistan’s economy for the fiscal year of 2020 that stated progressive move as macroeconomic stabilisation...

    Safe-haven currencies in demand, yen hits 3-month high vs dollar

    Safe-haven currencies in demand, yen hits 3-month high vs dollar

    06 Jan 2020

    The yen and other safe-haven currencies were in demand on Monday. The yen, regarded as a haven in times of market turmoil by virtue of Japan’s status as the world’s...

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