Tag: foreign exchange

Egypt rebalancing continues, yet challenging year lies ahead: Fitch

“The rising levels of foreign exchange (FX) reserves, a return of private…

Mohamed Samir

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

67.4% increase in total collected foreign exchange in 2015/2016: CAPMAS 

Total proceeds of foreign exchange amounted to EGP 1.5088tn 2015/2016, compared to…

Hossam Mounir

Gold value increases to $2.45bn in foreign exchange reserves by late January 2017

A report published by the CBE on Sunday revealed that foreign exchange…

Hossam Mounir

We repatriate Air France’s money in return for bearing foreign exchange gap: country manager

‘The company operates its brand new Boeing 787 to Cairo with 6…

Aisha Zidane

Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation

Banks operating in the local market have begun to ease restrictions set…

Hossam Mounir

Former Police Club manager released following interrogation over EGP 25 bribe

No evidence of corruption could be found against him, says lawyer

Leena ElDeeb

Health sector requires $2.6bn annually from foreign exchange: Prime Minister

Pharmaceutical factories must continue to work at full capacity to cover local…

Daily News Egypt

$26m increase in CBE’s foreign exchange reserves in June

The value of gold included in the reserves increased to $2.602bn in…

Hossam Mounir