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Egypt’s foreign reserves remain essentially flat at USD 44.97 bn in August
Foreign reserves again remain essentially flat in August: Foreign reserves increased slightly to USD 44.97 bn at the end of…
Egypt scraps monthly customs rate, bringing back daily system
FinMin brings back daily customs rate, scrapping monthly system: The Finance Ministry has decided to scrap the monthly customs exchange…
All quiet on the airwaves last night
Social media tax coming soon: The Finance Ministry will soon announce a VAT on e-commerce platforms and social media ads,…
CBE issues regulations for foreign currency exports
REGULATION WATCH- CBE issues regulations for foreign currency exports: New banking regulations will require banks wanting to export and import…
BofA sees “mildly more flexible” USD / EGP rate on the horizon for Egypt
BofA sees “mildly more flexible” USD / EGP rate on the horizon: The USD / EGP rate could be “mildly…
Egypt’s FX reserves inch up in June
FX reserves inched up slightly to USD 44.35 bn at the end of June, up from USD 44.27 bn the…
The question on everyone’s lips: Where is the EGP heading?
ANALYSIS- The question on everyone’s lips as we ponder the kickoff of budget season at most companies after the summer…
What we’re tracking on 19 May 2019
Will the EGP break the psychologically important 17.00 barrier this week? The EGP continued to appreciate against the USD last…
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