{"id":648990,"date":"2017-04-19T03:59:48","date_gmt":"2017-04-19T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/"},"modified":"2017-04-19T03:59:48","modified_gmt":"2017-04-19T03:59:48","slug":"foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/","title":{"rendered":"Foreign currency inflows to banking system grow to USD 19.2 bn since EGP float"},"content":{"rendered":"

Foreign currency inflows to the banking system have reached USD 19.2 bn <\/strong>since the EGP was floated in November<\/strong>, the central bank announced, according to Reuters<\/a>. The central bank also said it provided USD 24 bn since the flotation to finance international trade as well as USD 6.34 bn in trade finance for fuel product imports in 2016, according to Al Borsa<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Foreign currency inflows to the banking system have reached USD 19.2 bn since the EGP was floated in November, the central bank announced, according to Reuters. The central bank also said it provided USD 24 bn since the flotation to finance international trade as well as USD 6.34 bn in trade finance for fuel product […]<\/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-648990","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8ad29278-7647-4648-ae60-a7dc6da77047","order":"0","is_powered_by":true,"section_story_id":"f281e5d1-d519-4bc7-829c-9b0b0b441931","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648981],"teaser":"","voice_url":""},"yoast_head":"\nForeign currency inflows to banking system grow to USD 19.2 bn since EGP float - 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\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign currency inflows to banking system grow to USD 19.2 bn since EGP float\" \/>\n<meta property=\"og:description\" content=\"Foreign currency inflows to the banking system have reached USD 19.2 bn since the EGP was floated in November, the central bank announced, according to Reuters. The central bank also said it provided USD 24 bn since the flotation to finance international trade as well as USD 6.34 bn in trade finance for fuel product […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-19T03:59:48+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\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign currency inflows to banking system grow to USD 19.2 bn since EGP float\",\"datePublished\":\"2017-04-19T03:59:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/\"},\"wordCount\":71,\"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\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/\",\"name\":\"Foreign currency inflows to banking system grow to USD 19.2 bn since EGP float - 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The EGP has risen 10.1% against the USD since the beginning of the year, according to Al\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/EGP-USD-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592217,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/02\/net-foreign-assets-deficit-widens-to-most-on-record-in-june\/","url_meta":{"origin":648990,"position":1},"title":"Net foreign assets deficit widens to most on record in June","author":"enterpriseam admin","date":"2 August 2023","format":false,"excerpt":"Net liabilities in the banking system widened by USD 2.6 bn during the month","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/67.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569016,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/egp-surges-to-new-three-year-highs-against-the-greenback\/","url_meta":{"origin":648990,"position":2},"title":"EGP surges to new three-year highs against the greenback","author":"enterpriseam admin","date":"11 February 2020","format":false,"excerpt":"CURRENCY WATCH- EGP surges to new three-year highs against the greenback: The EGP rallied yesterday to its highest value against the USD since it was floated three years ago as part of the country\u2019s IMF-backed economic reform program, Reuters reports. The greenback was changing hands at EGP 15.67 yesterday. The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/144.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598426,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/26\/egp-hits-fresh-two-year-highs\/","url_meta":{"origin":648990,"position":3},"title":"EGP hits fresh two-year highs","author":"enterpriseam admin","date":"26 May 2019","format":false,"excerpt":"EGP hits fresh two-year high, breaking the EGP 17 \/ USD 1 barrier: The EGP rose to a new two-year high against the greenback on Thursday, advancing to 16.9317 from 17.0500 on Wednesday, central bank data shows. The EGP has risen 5.7% against the USD since the beginning of the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/763.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569280,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/what-has-been-driving-the-egp-appreciation-and-who-stands-to-gain-or-lose-from-its-rally\/","url_meta":{"origin":648990,"position":4},"title":"What has been driving the EGP appreciation \u2014 and who stands to gain or lose from its rally?","author":"enterpriseam admin","date":"19 February 2020","format":false,"excerpt":"EXCLUSIVE- What has been driving the EGP appreciation \u2014 and who stands to gain or lose from its rally? The EGP has been on tear for more than a year now, gaining almost 13% against the greenback since the beginning of 2019, when it stood at EGP 17.85 \/ USD\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/252.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597203,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/foreign-holdings-of-sovereign-egyptian-debt-at-usd-19-2-bn-mid-june\/","url_meta":{"origin":648990,"position":5},"title":"Foreign holdings of sovereign Egyptian debt at USD 19.2 bn mid-June","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"Madbouly presents final FY2018-2019 figures: Egypt\u2019s economy grew 5.7% in the final quarter of the fiscal year 2018-2019, Prime Minister Madbouly said at a presser yesterday, according to a cabinet statement. 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