Tag: foreign reserves

Experts predict higher inflation rates amid unchanged interest rates

Rising summertime prices and devaluing currency drive ongoing inflation

Nada Badawi Nada Badawi

Bourse plunges to one-year low after MSCI announcement

Egypt may be bumped from “emerging market” to “frontier market” on lack…

Nada Badawi Nada Badawi

Internal debt swells

Experts express concerns over Egypt’s alarming internal debt

Hend El-Behary Hend El-Behary

Egyptian pound slumps to seven against US dollar

Egypt’s currency continues to devalue despite attempts by Central Bank to slow…

Nada Badawi Nada Badawi

Election uncertainty to negatively affect Egypt’s economy: Standard Chartered

The low level of reserves is making it harder for the Central…

Mohamed Salah Mohamed Salah

Egypt reduces oil imports

Egypt has cut back on a total of nine million barrels of…

Daily News Egypt Daily News Egypt

CBE governor denies resignation

The governor of the Central Bank of Egypt (CBE) Farouk Al-Oqda denied…

Liliana Mihaila Liliana Mihaila

Army sees further drop in FX reserves, says paper

By Tamim Elyan /Reuters CAIRO: Egypt's foreign reserves are expected to fall by…

DNE DNE

Egypt gains after central bank cuts reserve ratio

By Reuters CAIRO: Commercial International Bank and other financials lifted Egypt's main…

DNE DNE

Egypt central bank lowers reserve requirement on deposits

By Patrick Werr / Reuters CAIRO: Egypt's central bank cut its reserve requirement…

DNE DNE