{"id":638558,"date":"2017-10-09T03:45:26","date_gmt":"2017-10-09T03:45:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/"},"modified":"2017-10-09T03:45:26","modified_gmt":"2017-10-09T03:45:26","slug":"remittances-up-17-3-from-november-to-august","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/","title":{"rendered":"Remittances up 17.3% from November to August"},"content":{"rendered":"<p>Another major source of FX for Egypt is doing better: <strong>Egyptian expatriates sent home 40% more money in August 2017 compared to <\/strong><strong>August 2016, the central bank said<\/strong>, <a href=\"https:\/\/af.reuters.com\/article\/investingNews\/idAFKBN1CD0G4-OZABS\">as reported by Reuters<\/a>. Overall, remittances recorded USD 16.3 bn from November 2016 to August, up 17.3% compared to the similar period a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another major source of FX for Egypt is doing better: Egyptian expatriates sent home 40% more money in August 2017 compared to August 2016, the central bank said, as reported by Reuters. Overall, remittances recorded USD 16.3 bn from November 2016 to August, up 17.3% compared to the similar period a year earlier.<\/p>\n","protected":false},"author":1,"featured_media":0,"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-638558","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"02da02be-f1c5-4c6e-a6d7-d3ad78d26326","order":"0","is_powered_by":true,"section_story_id":"bb07799f-9504-4de7-aa64-31213829e9f9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638546],"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>Remittances up 17.3% from November to August - 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\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Remittances up 17.3% from November to August\" \/>\n<meta property=\"og:description\" content=\"Another major source of FX for Egypt is doing better: Egyptian expatriates sent home 40% more money in August 2017 compared to August 2016, the central bank said, as reported by Reuters. Overall, remittances recorded USD 16.3 bn from November 2016 to August, up 17.3% compared to the similar period a year earlier.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T03:45:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Remittances up 17.3% from November to August\",\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/\"},\"wordCount\":53,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/\",\"name\":\"Remittances up 17.3% from November to August - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Remittances up 17.3% from November to August\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Remittances up 17.3% from November to August - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/remittances-up-17-3-from-november-to-august\/","og_locale":"en_US","og_type":"article","og_title":"Remittances up 17.3% from November to August","og_description":"Another major source of FX for Egypt is doing better: Egyptian expatriates sent home 40% more money in August 2017 compared to August 2016, the central bank said, as reported by Reuters. 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Remittances have been climbing steadily since the EGP float in November 2016, Reuters notes, jumping nearly 40% y-o-y in 1Q2017-18 to USD\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":641006,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/11\/inflation-falls-in-august-suggestions-that-it-has-peaked\/","url_meta":{"origin":638558,"position":1},"title":"Inflation falls in August, suggestions that it has peaked","author":"enterpriseam admin","date":"11 September 2017","format":false,"excerpt":"Have we hit peak inflation? Annual urban headline inflation stood at 31.9% in August, down from 33.0% a month earlier, according to CAPMAS. The core inflation rate came in at 34.86%, dropping from 35.26% in July. Inflation rates showed a deceleration in food price inflation, although it was still 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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649710,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/cbe-says-remittances-since-flotation-increased-by-19-7-y-o-y-up-23-in-january\/","url_meta":{"origin":638558,"position":2},"title":"CBE says remittances since flotation increased by 19.7% y-o-y, up 23% in January","author":"enterpriseam admin","date":"7 March 2017","format":false,"excerpt":"The Central Bank of Egypt announced that preliminary data shows remittances of Egyptians abroad having increased by 23% y-o-y in January to USD 1.6 bn, according to an emailed statement. The CBE says the remittances in January 2016, prior to the flotation of the EGP, were USD 1.6 bn and\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":646594,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/remittances-up-11-1-y-o-y-since-float\/","url_meta":{"origin":638558,"position":3},"title":"Remittances up 11.1% y-o-y since float","author":"enterpriseam admin","date":"19 June 2017","format":false,"excerpt":"Remittances from Egyptian expatriates have risen 11.1% y-o-y since the EGP float in the period from November 2016 to the end of April 2017, Reuters reports, citing a CBE report. In total, remittances during the period reached USD 9.3 bn. 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