Egypt’s pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day’s closing …
Tag:
Egypt’s foreign currency liquidity
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Banks
Fitch: currency devaluation ‘moderately positive’ for Egyptian banks in long term
by Yomna Yasserby Yomna YasserThe recent devaluation of the Egyptian pound against the US dollar will likely be supportive of foreign …
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Banks
Afreximbank proposes $1 billion facility to support Egypt’s foreign currency liquidity
by Yomna Yasserby Yomna YasserThe African Export-Import Bank (Afreximbank) is ready to arrange a facility of up to $1 billion for …