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What will it take to reignite investor confidence?
Egypt's FX market is showing positive signs of stabilization and growth
War in Gaza and falling gas production continue to be thorns in economy’s side, says BMI report
The report estimates that foreigners hold around half of treasury bills, amounting to about 90% of FX reserves
CBE expected to keep interest rates unchanged when it meets on Thursday
All eight analysts and economists we surveyed see the MPC holding rates steady
Egypt’s net foreign asset surplus rises to USD 13.3 bn in July
This is the country’s third month in the green after our net foreign assets shifted from deficit to surplus in…
CBE says banks allowed to set their own FX withdrawal limits following reports of enforced limits in the pipeline
No limits will be applied to FX deposits or overseas transfers
PM Madbouly addresses last week’s global markets meltdown
The hot money that exited Egypt’s debt markets last week totaled 7-8% of total foreign investment in the market -Madbouly
Net foreign asset position remains in the green in June despite surplus falling 10%
The net foreign asset surplus at commercial banks shrank 41.0% from the month before in June
Foreign investments in Egypt’s t-bills were up in April
Good morning, friends. We have a packed issue for you this morning, led by fuel price hikes and a whole…
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