forex
The euro and the Japanese yen gained in thin trading on Monday as concerns about a partial U.S. government shutdown weighed on investor sentiment.
The growing remittances of US dollars by Egyptians working abroad have helped stabilize Egypt's financial market and boost its economy
But the currency wilted on Friday and was headed for its biggest weekly decline since March.
Annual inflation in the 19 countries sharing the euro rose to 1.9 percent in May from 1.2 percent in April, well above expectations for a 1.6 percent increase.
Mexico’s peso snapped back on Wednesday, gaining as much as 1.3 percent.
China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading of the yuan.
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