{"id":632233,"date":"2018-02-06T04:13:37","date_gmt":"2018-02-06T04:13:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/egypt-won-over-investors-with-currency-liberalization-now-it-must-fight-to-keep-them\/"},"modified":"2018-02-06T04:13:37","modified_gmt":"2018-02-06T04:13:37","slug":"egypt-won-over-investors-with-currency-liberalization-now-it-must-fight-to-keep-them","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/egypt-won-over-investors-with-currency-liberalization-now-it-must-fight-to-keep-them\/","title":{"rendered":"Egypt won over investors with currency liberalization. Now it must fight to keep them"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Egypt won over investors with currency liberalization. Now it must fight to keep them:<\/strong> Egypt, Angola, Nigeria and Morocco present interesting examples of emerging markets whose adoption of currency liberalization measures was largely driven by investors as they tapped international markets. The question now remains if they have done enough, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-04\/africa-s-currency-manipulators-give-way-to-market-forces-almost\">writes Paul Wallace for Bloomberg<\/a>. Egypt has come the furthest in implementing full currency liberalization, and it saw its currency plummet further than the Kwanza and Naira, which were partially floated. Increased inflows have demonstrated that Egypt has become more attractive to investors. But this could be a double edged sword, Societe Generale SA warned last week, as those flows are a could reverse if the government slows down its macroeconomic reforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt won over investors with currency liberalization. Now it must fight to keep them: Egypt, Angola, Nigeria and Morocco present interesting examples of emerging markets whose adoption of currency liberalization measures was largely driven by investors as they tapped international markets. The question now remains if they have done enough, writes Paul Wallace for Bloomberg. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":632234,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c2e94ba1-f86e-496b-baca-9cd82be22a42","order":"0","is_powered_by":true,"section_story_id":"d70394af-fd7e-4731-983f-4516b6f0e4f4","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/2\/1074.jpg","photo_position":"above","related_issue":[632222],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt won over investors with currency liberalization. Now it must fight to keep them - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/egypt-won-over-investors-with-currency-liberalization-now-it-must-fight-to-keep-them\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt won over investors with currency liberalization. Now it must fight to keep them\" \/>\n<meta property=\"og:description\" content=\"Egypt won over investors with currency liberalization. Now it must fight to keep them: Egypt, Angola, Nigeria and Morocco present interesting examples of emerging markets whose adoption of currency liberalization measures was largely driven by investors as they tapped international markets. The question now remains if they have done enough, writes Paul Wallace for Bloomberg. 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The strong performance should be sustained in 2020 \u201cif the world\u2019s major central banks remain\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/424.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635347,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/cbe-sets-1-entrance-fee-on-fx-investments-through-foreign-repatriation-mechanism\/","url_meta":{"origin":632233,"position":2},"title":"CBE sets 1% entrance fee on FX investments through foreign repatriation mechanism","author":"enterpriseam admin","date":"3 December 2017","format":false,"excerpt":"CBE sets 1% entrance fee on foreign currency portfolio investments through repatriation mechanism: The Central Bank of Egypt announced that a 1% \u201centrance fee\u201d will be put in place for fresh foreign currency portfolio investments that enter via the repatriation mechanism starting from today. \u201cThe application of the entrance fee\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566109,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/27\/the-end-of-times-for-the-usd\/","url_meta":{"origin":632233,"position":3},"title":"The end of times for the USD?","author":"enterpriseam admin","date":"27 May 2021","format":false,"excerpt":"It\u2019s Groundhog Day: There\u2019s talk of the USD\u2019s dominance being under threat as the global reserve currency. We know, we\u2019ve talked about this possibility what seems like two dozen times before \u2014 and the world has speculated that the USD would exit stage right for at least forty years. But\u2026","rel":"","context":"In &quot;Macro picture&quot;","block_context":{"text":"Macro picture","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/470.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592874,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/11\/attractive-bond-real-yield-rates-are-drawing-investors-to-egypt\/","url_meta":{"origin":632233,"position":4},"title":"Attractive bond real yield rates are drawing investors to Egypt","author":"enterpriseam admin","date":"11 November 2019","format":false,"excerpt":"With inflation dipping again, Egypt\u2019s real yield is still attractive to EM bond investors: Egypt is among the world\u2019s most promising markets when it comes to the real interest rate on our bonds, topping an index for inflation-adjusted returns with a real yield of 9.42%, Bloomberg reports. According to the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2612.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596433,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/egypt-revisits-possibility-of-issuing-egp-denominated-bonds-on-the-back-of-currency-appreciation\/","url_meta":{"origin":632233,"position":5},"title":"Egypt revisits possibility of issuing EGP-denominated bonds on the back of currency appreciation","author":"enterpriseam admin","date":"28 August 2019","format":false,"excerpt":"EXCLUSIVE- EGP-denominated int\u2019l bond issuance could be back on the table: The Finance Ministry is revisiting previously shelved plans to take an EGP-denominated bond issuance to the international market, two government sources tell Enterprise. According to our sources, the ministry has yet to determine the exact size and timing of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/17.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=632233"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632233\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/632234"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632233"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632233"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}