Latest in Tag: Egyptian economy is gaining momentum: Bank of America Merrill Lynch Highlight

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Latest in Tag: Egyptian economy is gaining momentum: Bank of America Merrill Lynch


Egyptian economy is gaining momentum: Bank of America Merrill Lynch

With the trade in Egyptian Treasury bills (T-bills) gaining ground, the witnessed drop in T-bill yields at auctions is an indication of the increasing foreign investor participation and is providing support to the USD/EGP trade with a better tone, according to Bank of America Merrill Lynch’s February insight report. The report cites the unofficial announcement …

Mohamed Samir

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