Tag: currency flotation

Currency flotation increased exports by $2bn: Tarek Kabil

The industrial area will help incur more foreign inflows to the country,

Elsayed Solyman Elsayed Solyman

Flotation decision was an urgent necessity and action taken at the right time: Banks officials

Decision contributed to increasing FX Reserves to $36.5bn, and positively impacted  banks

Hossam Mounir Hossam Mounir

Winners and Losers since the flotation: what is next?

Next Friday, 3 November, marks a year since Egypt has started its

Mohamed Ayyad Mohamed Ayyad

Flotation was boldest decision in history of Egyptian economic, banking sectors

FX up by $17bn, foreign investments in government debt instruments mark $18bn

Hossam Mounir Hossam Mounir

Egypt’s capacity to repay IMF fund adequate, risks remain: IMF review 

Risks to the programme arise from a still fragile macroeconomic stability and

Elsayed Solyman Elsayed Solyman

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 Mohamed Samir

Egypt continues to suffer from consequences of currency flotation: Focus Economics

Focus Economics forecasts an average inflation of 20.1%, 13.6% for calendar years

Mohamed Samir Mohamed Samir