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CBE moves against dollarization amid signs the parallel market for greenbacks is trying to make a comeback.
CBE moves against dollarization amid signs the parallel market for greenbacks is trying to make a comeback. There are signs…
Egyptian remittances rise 5% in 2019
Remittances rise 5% in 2019: Remittances from Egyptians living abroad rose 5% to USD 26.8 bn in 2019 from USD…
FX brokers now need to follow bank-style KYC rules when selling foreign currency
EXCLUSIVE- FX brokers now need to follow bank-style KYC rules when selling foreign currency: The Central Bank of Egypt (CBE)…
Inflation slows to 5.3% in February, but will covid-19 give it a bump?
Annual urban inflation fell in February following three months of back-to-back acceleration, according to Capmas figures out yesterday. The reading…
What we’re tracking on 27 February 2020
Don’t expect today’s GERD talks to amount to anything more than small talk: Ethiopia is trying to back out of…
Egypt expected to have highest GDP growth in North Africa, debt sustainability remains a concern -UN
Egypt’s GDP growth forecast among the highest in North Africa, debt sustainability remains a concern -UN: Egypt’s GDP is expected…
Emerging markets’ FX funding needs to repay USD-denominated debt to “soar” next year
Emerging markets’ FX funding needs to repay a decade of USD-denominated debt are on track to “soar” next year, Caroline…
IMF out with final review of Egypt’s reform program
IMF out with final review of Egypt’s reform program: The International Monetary Finance (IMF) released on Friday its fifth and…
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