The World Bank (WB) has pledged $3 billion in support to Egypt following the country’s successful negotiation …
Tag:
currency float
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Banks
CBE: Egypt’s foreign trade operations at $70.8 bln since currency float
by Yomna Yasserby Yomna YasserEgypt’s foreign trade has reached $70.8 billion in the period since the country floated its currency in …
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Banks
Egyptian banks’ foreign reserves rose by $10 billion since currency float: Amer
by Yomna Yasserby Yomna YasserEgyptian banks’ foreign exchange reserves have risen by $10 billion since Egypt took the dramatic step of …
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Banks
Remittances from Egyptian expatriates hit $14.5 billion since currency float
by Yomna Yasserby Yomna YasserRemittances from Egyptian expatriates have risen to $14.5 billion in the period since Egypt floated its currency …
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Banks
Egypt central bank says $57 bln cash flow into banks in 8 months – paper
by Yomna Yasserby Yomna YasserCash inflows into Egypt’s banking system totalled more than $57 billion since Egypt floated its currency in …
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EGX
Egypt stocks’ rally on currency float move reverses, EGX 30 slips 1.8%
by Yomna Yasserby Yomna YasserEgypt’s stock market reversed the trend higher it had enjoyed since the central bank decided to float …
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Banks
Egypt’s central bank hikes key interest rates by 300 basis points, floats pound currency
by Yomna Yasserby Yomna YasserEgypt’s central bank announced Thursday it had hiked interest rates by 300 basis points in a move …