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More deval talk in the foreign press
Non-deliverable forwards inch down again
IMF wants to see progress on reforms before first loan review –Bloomberg. PLUS: Abdalla on inflation
Officials reportedly want to see privatization and a fully flexible exchange rate
Lots of macro updates
Good morning, friends. As we approach two shortened workweeks and the final week of Ramadan, we hope your long weekend…
My Morning Routine: Seif Saleh, associate minister for public policy and investment at the Planning Ministry
“The beauty of working in government is that you get to meet new people and you’re exposed to a lot.”
US inflation cooled in March — but don’t expect an end to rate hikes
Don’t expect interest rate hikes to end soon
Foreign press speculates about a fourth deval
Bloomberg says markets are pricing in a fourth EGP devaluation
House gives preliminary nod to nationality law changes
The amendments would make it easier for foreigners to become citizens
Economic headwinds to hit office rents
Higher borrowing costs and soaring inflation are weighing on the sector
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