With an absence of any notable data releases until the latter part of the week, the markets were once again driven by developments tied to the Greek crisis. Markets were generally in a bearish mood on fears of contagion risk spreading through the European Union, keeping risk appetite capped. EURUSD hit a yearly low of 1.3115 before closing its third consecutive week lower at 1.3292.
You might also like...
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
Algeria signs oil deal with Swedish company
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.