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Foreigners dump Egyptian debt for seventh month in a row; more speculation that state banks are propping up the EGP
Foreigners dump Egyptian debt for seventh month in a row; more speculation state that banks are propping up the EGP:…
How much longer can the banking system support FX outflows without the central bank releasing some reserves?
How much longer can the banking system support FX outflows without the central bank releasing some reserves? We all know…
Egypt FX reserves reach USD 44.501 bn at end-October
Egypt’s net foreign reserves rose marginally to USD 44.501 bn at the end of October, up from USD 44.459 bn…
Wheat reserves enough to beginning of March
Egypt’s strategic wheat reserves are enough to last until the first week of March, Supply Ministry spokesman Ahmed Kamal said,…
Egypt’s net FX sufficient for 8.5 months’ worth of imports
Egypt has foreign currency reserves sufficient for 8.5 months’ worth of imports, according to the central bank’s monthly statistical bulletin…
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