The Egyptian market is gearing up to receive the largest foreign exchange inflows, amounting to approximately $50 …
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foreign exchange
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Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong …
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Paying the Ministry of Finance’s overdrawn account, totaling EGP 2 trillion, is an urgent imperative to control …
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Moody’s revises Egypt’s outlook to positive, affirms rating at CAA1
by M.S.Salamaby M.S.SalamaMoody’s has revised Egypt’s outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.
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Editors' PicksEgypt NewsFeatureforex newsIndustry & TradeMoneyNewsStocksTech/AI
Egypt confident in ability to satisfy FX demand – PM
by M.S.Salamaby M.S.SalamaThe Egyptian state is confident in its ability to satisfy the demand for foreign currency from now …
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Egypt’s c. bank’s recent decisions eliminate FX parallel market
by Nada Aliby Nada AliThe Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate …
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URGENT: Egypt’s central bank provides funds necessary for maintaining FX liquidity
by M.S.Salamaby M.S.SalamaIn an extraordinary meeting on Wednesday, the Central Bank of Egypt’s the Monetary Policy Committee (MPC) decided …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Yen bets hit six-year high
by Aya Anwarby Aya AnwarSince the open interest for near-dated yen futures contracts reached a six-year high, traders have piled into …
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Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted …
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The Central Bank of Nigeria (CBN) has paid an additional $64.44 million toward the verified foreign exchange …
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