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THIS EVENING: EGP strengthens against the USD to below EGP 48 / USD 1
Good afternoon, ladies and gentlemen, and happy Thursday. We’re wrapping up the first workweek of Ramadan on a slightly calmer…
THIS EVENING: EU package valued at EUR 7.4 bn could be heading our way
Good afternoon, folks, and happy almost-Thursday. We can’t seem to feel the Ramadan slowdown, can you? So, when do we…
THIS EVENING: Customers sold c.EGP 765 mn in FX at Al Ahly Exchange and Misr Exchange
Good afternoon, folks, and happy hump day. Even with Ramadan, the news cycle hasn’t slowed down and is still going…
THIS EVENING: CIB hikes FX transaction limits again
Good afternoon, folks, and Ramadan Kareem. We hope that the caffeine withdrawal has been gentle as we begin the holy…
THIS EVENING: Are we getting c. USD 3 bn from the World Bank?
Good afternoon, ladies and gentlemen. We’re guzzling coffee while we still can during daylight hours as we gear up for…
THIS EVENING: Lots of love from JP Morgan as they recommended buying our one-year t-bills
Good afternoon, folks, and happy Thursday. As much as this week has brought on some positivity we couldn’t be more…
THIS EVENING: CBE floats the EGP, goes for 600 bps rate hike
Bankers, diplomats say the float is real. CBE directs banks to start easing credit card and other foreign-exchange restrictions
THIS EVENING: Vodafone technical glitch resolved. PLUS: Red Sea shipping disruption behind our sharp fall in business activity in February
Good afternoon, ladies and gentlemen and happy hump day. We are rolling through what remains of the last full week…
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