Tag: flotation

Long-awaited pound flotation ends market’s long-standing state of suffocation: bank exchange market officials

While this decision has its advantages and disadvantages, it is the only…

Hossam Mounir Hossam Mounir

Egyptian pound flotation is a historic decision: bank leaders

Raising interest was important to protect citizens' savings and to face expected…

Hossam Mounir Hossam Mounir

3 factors determine effectiveness of flotation in boosting acquisition assessments, offerings to foreign investors

Egyptian companies’ ability to pass the price increase to consumers and banks’…

Mohamed Ahmed Mohamed Ahmed

Banks looking forward to returns on debt instruments following Egyptian pound’s flotation, raising interest by 3%

The average return on initial treasury bills increased by 3.6% and exceeded…

Hossam Mounir Hossam Mounir

Banks confused over US dollar pricing during first 3 days after flotation

Chaos is normal since this is the first time for Egypt, but…

Hossam Mounir Hossam Mounir

Pound’s flotation on the table since December 2015 as part of an integrated economic reform programme: CBE governor

Amer reveals preparations behind 3 November decisions, saying they were supported by…

Hossam Mounir Hossam Mounir

Impact of the Egyptian pound’s flotation will be measured in the coming days: experts

The CBE announced on Thursday that it would float the Egyptian pound,…

Hisham Salah Hisham Salah

Car prices to see new increase when Egyptian pound is floated or devalued: GB Auto

Fluctuations in exchange rates have pushed tyre manufacturers to monitor situation before…

Mohamed Ahmed Mohamed Ahmed