Tag: foreign reserves

Egypt foreign reserves hit all-time high in July

The reserves jumped USD 4.7 billion in July, says the Central Bank…

Hossam Mounir Hossam Mounir

Egypt foreign reserves reaches $31.305 billion in June; Pound steady

The reserves records 29% increase since the beginning of 2017

Elsayed Solyman Elsayed Solyman

Egypt’s foreign exchange reserves to reach $28.5bn by March: CBE

Egypt expects the second tranche of a $12bn IMF loan by May

Farida Ismail Farida Ismail

Net foreign exchange reserves increase to $24.265bn: CBE

This means that the CBE has neared its target of foreign exchange…

Daily News Egypt Daily News Egypt

Gulf states provide Egypt with $6bn to support foreign reserves

Egypt's foreign exchange reserves have been bolstered with $6bn from Saudi Arabia,…

Hossam Mounir Hossam Mounir

Annual inflation rate increased by 0.1% in December

Expert predicts surge in foreign reserves, and decline of inflation rate following…

Doaa Farid Doaa Farid

CBE awaits first segment of World Bank loan to support foreign reserves

Foreign reserves are facing major challenges by the beginning of 2016; repaying…

Hossam Mounir Hossam Mounir

Trade balance deficit increases by 38.8% YoY in July: CAPMAS

Egypt's trade balance continues to face a deficit, despite the state announcements…

Menna Samir Menna Samir

Egyptian foreign reserves enough for only 3 months imports: KECG Director

Foreign exhcange emerging economies could become more difficult if the US starts…

Shaimaa Al-Aees Shaimaa Al-Aees

Egyptian pound devaluation is no longer optional: Salman

Egypt's foreign reserves down by $500m over August

Menna Samir Menna Samir