USD crosses EGP 50 mark as CBE lets currency absorb after war Iran outflows
Yesterday witnessed foreign outflows hitting USD 885 mn
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Yesterday witnessed foreign outflows hitting USD 885 mn
The greenback edged closer to the EGP 50 mark on Monday for the first time in 10 months as geopolitical…
The greenback’s safe-haven premium faces a political reality check
A more favorable D3 rating should persuade some global trade credit insurers to loosen limits on shipments to Egypt that…
A good 76.5% of you say your businesses will increase their investments here in Egypt this year
Driven by a record-breaking surge in remittances and the restoration of banking sector liquidity, the currency is widely projected to…
Higher ceiling reflects improved FX availability — and comes as new rules tighten control over Chinese and EV imports.
Commercial banks saw their net foreign assets’ surplus expanding to USD 10.9 bn in October, from USD 9.8 bn a…
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