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Higher yields + a weaker EGP have foreign investors looking at Egypt
Higher yields + weaker EGP could bring foreign investors back to the market: Foreign investors who sold out of Egypt…
Foreign investors are starting to come back into the market after Wednesday’s devaluation
The Central Bank of Egypt’s move towards a more flexible EGP seems to be paying off, helping draw in much-needed…
EGP breaks the 30 barrier against the USD before settling at 29.76
The EGP tumbled to a new all-time low against the greenback yesterday as authorities continued to transition to a fully…
Inflation hits new high on weaker EGP
Inflation rose to a fresh five-year high in December as the impact of successive currency devaluations continued to feed through…
IMF breaks down the details on our USD 3 bn loan
IMF releases breakdown, timing + conditions of our USD 3 bn facility: The IMFyesterday published a package of documents (pdf)…
THIS MORNING: Goldman Sachs thinks the EGP has further to fall — even though its has probably already overshot its fair value
Good morning, friends, and welcome to the first “big” news day of 2023. THE BIG STORY HERE AT HOME remains…
THIS EVENING: EGP slips against the USD to new record + Merry Christmas, everyone
Happy THURSDAY, wonderful people. We made it through the first work week of 2023 and are being rewarded with another…
A message from Mashreq
Outlook for 2023 Message by Amr El Bahey — CEO of Mashreq Egypt Global economic activity may face some headwinds…
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