Tag: currency flotation

Currency flotation increased exports by $2bn: Tarek Kabil

The industrial area will help incur more foreign inflows to the country,…

Elsayed Solyman

Flotation decision was an urgent necessity and action taken at the right time: Banks officials

Decision contributed to increasing FX Reserves to $36.5bn, and positively impacted  banks…

Hossam Mounir

Winners and Losers since the flotation: what is next?

Next Friday, 3 November, marks a year since Egypt has started its…

Mohamed Ayyad

Flotation was boldest decision in history of Egyptian economic, banking sectors

FX up by $17bn, foreign investments in government debt instruments mark $18bn

Hossam Mounir

Egypt’s capacity to repay IMF fund adequate, risks remain: IMF review 

Risks to the programme arise from a still fragile macroeconomic stability and…

Elsayed Solyman

Currency flotation is paying off as foreign flows drive foreign-exchange stabilisation: EFG Hermes

Squeezed by turbulence and uncertainty since 2011, Egypt’s economy encountered numerous challenges,…

Mohamed Samir

Egypt continues to suffer from consequences of currency flotation: Focus Economics

Focus Economics forecasts an average inflation of 20.1%, 13.6% for calendar years…

Mohamed Samir