Egypt’s decision to make the exchange rate more flexible will return the central bank to the managed …
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"exchange rate"
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Economists and bankers have welcomed the Central Bank of Egypt’s decision to adopt a more flexible exchange …
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Egypt News
Egypt to set 2016-17 budget at devalued exchange rate – Reuters
by Yomna Yasserby Yomna YasserEgypt is preparing its 2016-2017 budget on the basis of an exchange rate of 8.25 Egyptian pounds …
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Egypt should ease its grip on its currency exchange rate to boost economic growth even as reforms …
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forex news
Moody’s: China advances exchange rate reform, a credit positive
by aya salahby aya salahChina’s new forex rate formation mechanism is credit positive as it will increase currency flexibility and support …
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Financial Institutions
Egypt Needs More Flexible Exchange Rate – IMF
by Yomna Yasserby Yomna YasserEgypt would benefit from a more flexible currency regime that would help the country attract investment and …
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The currency exchange rate will improve with restored confidence in Egypt’s economy after the presidential elections, according …
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Industry & Trade
Egypt’s Arafa: Net Profits Fall 13.5% in 9 Months on Exchange Rate
by Yomna Yasserby Yomna YasserEgypt’s largest garment exporter, Arafa Investment and Consulting (Arafa Holding) (AIVC.CA) has reported on Sunday a decline …
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EGX
Egypt Bourse to Meet with CBE on Recent Changes in Exchange Rates
by Yomna Yasserby Yomna YasserThe Egyptian Exchange is scheduled to hold a meeting with the Central Bank of Egypt within the …
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Banking experts demanded that exchange rate shall be determined by supply and demand factors instead of being backed by the government. …