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The EGP has so far weathered the global storm. What’s next?
The EGP has so far weathered the global storm. What’s next? Egypt appears to have “weathered the worst of the…
Are emerging markets about to impose capital controls?
Are emerging markets about the slap on capital controls? Emerging market economies are witnessing a collapse in external financing, with…
Egyptians pour EGP 30 bn into new high-interest savings certificates
EGP 30 bn pours into new high-interest savings certificates: Egyptians invested EGP 30 bn into the new 15% fixed rate…
High-performing EGP overvalued, likely to fall amid covid-19 EM asset dump -analysts
High-performing EGP “overvalued,” likely to fall amid covid-19 EM asset dump -Bloomberg report: The EGP has continued performing well amid…
EGP to be included on Beni clearing platform
Arab payment platform Beni will include the EGP as a settlement currency following a decision by its proprietor, the Arab…
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…
EM economies are under stress as investors dump debt, flock to rising USD
EM economies under stress as investors dump debt, flock to rising USD: Emerging market debt and equity outflows have hit…
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)…
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