Inflation deceleration, EGP/USD appreciation, push F&B sector to benefit: Pharos Research
Despite improving macro conditions and consumer spending behaviour, Pharos expects muted growth…
EGP to increase by 3.5% reaching EGP16 per $1 by beginning of 2020: OBG
The OBG explained that it expects an increase in the EGP value…
EGP likely to strengthen further over next 6 months: Fitch Solutions
Budget deficit will narrow to 6.9% of GDP in FY2019/20, government debt…
US dollar value continues decline against EGP in banks on Monday
The US dollar lost two piasters in the Egyptian National Bank and…
EGP’s abrupt depreciation may adversely affect public debt: IMF
Risks increase with recent tightening of global financial conditions
Depreciation of EGP against USD by 6.4% to reach EGP 19.1 gradually by 2019
Establishing mechanism of liberalisation oil price in Egypt, linking it with global…
CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes
The bank said in a statement on Thursday that it has printed…
CBE raises price of US dollar to EGP 17.41 for buying, EGP 17.84 for selling
The US dollar exchange rate rose at the Central Bank of Egypt…
Egypt’s steady adoption of IMF programme would provide upside risk: Merrill Lynch
Forward exchange rate is expected to register 11.20 in Q4 2016, says…
Ambiguity mars CBE’s next move on EGP interest rates
The Central Bank of Egypt faces difficulty on inflation hike of more…