The Finance Ministry has kept the customs exchange rate unchanged at EGP 16.5 per USD 1 for May, Deputy Finance Minister Amr El Monayer told Reuters. The newswire notes that the fixed rate is around 10% below the market exchange rate.
Available in your choice of English or Arabic
The Finance Ministry has kept the customs exchange rate unchanged at EGP 16.5 per USD 1 for May, Deputy Finance Minister Amr El Monayer told Reuters. The newswire notes that the fixed rate is around 10% below the market exchange rate.
The IFC and the EBRD are in for USD 100…
Banks are cautious about letting AI judge a borrower. Local…
Money market funds stalled while retail piled into equity, index,…
The final close adds roughly USD 7 mn to a…
Queue