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Expat remittances rise to USD 25.5 bn in 2018, says Central Bank of Egypt
Expat remittances up 3% to USD 25.5 bn in 2018: Remittances from Egyptians living abroad in 2018 rose 3.1% y-o-y…
Moody’s maintains positive outlook on Egypt’s banking system
Moody’s maintains positive outlook on Egypt’s banking system: Moody’s Investors Service said in a report on Monday (pdf) that it…
EGP to remain stable through 2019, says Goldman Sachs
Don’t expect the EGP to continue to strengthen this year — in fact, it could slip a little. The EGP…
Take note FX watchers: The carry trade is back in Egypt
Carry traders are back in force, buying 100% of Monday T-bonds auction: Foreign investors, who have been increasingly showing up…
Expat remittances rise 5.7% in 11M2018 to USD 23.3 bn
Remittances from Egyptians living abroad rose 5.7% in 11M2018 to USD 23.3 bn, from USD 22.1 bn during the same…
Why did the EGP gain against the greenback yesterday?
Connecting the dots: The EGP keeps strengthening, yields keep falling: The EGP continued rising against the USD this week, strengthening…
Egypt’s FX reserves fall for first time after EGP float
Foreign reserves have fallen for the first time in two years: Egypt’s net foreign reserves fell in December for the…
Gov’t expects USD 86.7 bn in foreign currency inflows into Egypt during 2019
Gov’t expects USD 86.7 bn in foreign currency inflows throughout 2019: The government is expecting 2019 to see USD 86.7…
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