JPMorgan
At the start of this year, Egypt was delisted from the index due to the foreign exchange shortage, which stalled overseas investors from converting their investments
Furthermore, JPMorgan's analysts have revised their stance, stating that they no longer anticipate any potential rate cuts until February 2025.
The regulator said the investment bank improperly provided ADRs, which are U.S. securities that represent foreign shares of foreign companies, to brokers even though the brokers and their clients lacked the corresponding foreign shares.
Emerging currencies broadly weakened on Thursday, with South Africa's rand down 0.3 percent against a marginally firmer dollar.
Bitcoin bounced by more than 20 percent in the space of just four hours on Friday.
Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N), said on Tuesday.
U.S. stocks edged higher in late morning trading as weak economic data dimmed chances of another rate hike this year.
