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State-owned banks won’t be able to prop up the EGP for much longer than “a few more months at most” -Capital Economics
State-owned banks won’t be able to prop up the EGP for much longer than “a few more months at most,”…
Egypt’s FX reserves reach USD 44.513 bn at end-November
Egypt’s net foreign reserves were flat at USD 44.513 bn as of the end of November compared to USD 44.501…
What we’re tracking on 04 December 2018
The central bank’s parallel FX repatriation mechanism ends today for new portfolio investments. “The decision applies on any fresh foreign…
Egypt FX reserves reach USD 44.501 bn at end-October
Egypt’s net foreign reserves rose marginally to USD 44.501 bn at the end of October, up from USD 44.459 bn…
Devaluation is “credit positive” for Egypt, says Moody’s
Add Moody’s to the list of outfits banging the drum for devaluation, with the ratings agancy saying in a note…
Do we need devaluation, or just want it?
I spend more time than most on the road talking about Egypt, and my day job provides me with more…
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