Page 64 - Forex News Today

Saudi Gazette reportRIYADH — Egypt's President Abdel Fattah El-Sisi affirmed that the extraordinary joint Arab-Islamic summit comes at a crucial time for the people of Gaza, who are facing killings,...

MAUI — At least 99 people died when an inferno destroyed the town of Lahaina in the deadliest wildfire in modern US history.Through first-hand accounts, as well as police bodycam footage and recordings,...

A faster resolution to the fighting in Gaza could help limit civilian strife that might spur people to join the ranks of militants, US President Joe Biden’s top military adviser said. Gen. Charles Q. Brown, chairman of the Joint Chiefs of Staff, said Israel’s stated aim for its military campaign in Gaza — the destruction of the Hamas group that...

KUALA LUMPUR: The ringgit opened lower against the US dollar today on rising US bond yields following Federal Reserve (Fed) chairman Jerome Powell’s hawkish statement on the US monetary policy, said an analyst.

Meanwhile, the dollar index, which gauges the greenbacks strength against a basket of six currencies, was trading lower by 0.04 per cent at 105.86.

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan held talks with his Somali counterpart, Abshir Omar Huruse, on Thursday. They met on the sidelines of a preparatory meeting of Arab foreign ministers ahead of an Arab summit on the Israeli war on Gaza that is due to take place on Saturday in Riyadh. They reviewed the relationship between their countries...

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KUALA LUMPUR: The ringgit extended its downtrend to close lower today against the greenback for the fourth consecutive day following US Federal Reserve (Fed) chairman Jerome Powell’s hawkish tone in his statement on US monetary policy on Thursday.

The rupee is anticipated to maintain its strength, thanks to the ongoing support from domestic factors, which remain robust due to a promising demand outlook driven by major festivals, CR Forex Advisors MD Amit Pabari said.

Saudi Fund for Development CEO Sultan Al-Marshad on Wednesday received Malawi’s Minister of Finance and Economic Affairs Simplex Chithoyla Banda and his accompanying delegation. During the meeting, the two sides discussed the progress of the Saudi fund’s development projects in Malawi and ways to enhance cooperation between the two countries. Earlier, the Saudi fund announced its participation in the Saudi-Arab-African...