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Dollar Stabilises Following Weekly Loss

Egypt: The US dollar stabilised on Monday after finishing the previous week with notable losses, as currency markets paused to assess geopolitical developments and macroeconomic indicators. The US dollar index, which tracks the greenback against a bas…

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EU Iron Ore Imports Decline by 11% Since 2020

Brussels: EU imports of raw materials have declined by 11% since 2020, highlighting a significant shift in the region’s trade dynamics. Over a six-year period, imports of iron ore from third countries decreased from 77.9 million tons in 2020 to 69.0 m…

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Gold Slips on Stronger Dollar

Egypt: Gold prices edged lower on Monday after reaching their highest levels in two weeks. Gold prices: Spot gold fell 0.4 percent to US$4,518.09 per ounce as of 03:06 GMT, after hitting a two-week high in the previous session. US gold futures for Aug…

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