Tag: foreign exchange

Ezz Steel expects continued foreign exchange challenges, decline of global market in short-term

The company managed to turn profits in Q4 of 2015, and reduce…

Mohamed Ahmed Mohamed Ahmed

$56m increase in foreign exchange reserves at end of February: CBE

The Central Bank of Egypt (CBE) revealed Thursday the balance of foreign…

Hossam Mounir Hossam Mounir

Banks ordered to prioritise providing foreign exchange for vital exports

CBE demanded that local banks prioritise directing their foreign exchange liquidity to…

Hossam Mounir Hossam Mounir

US dollar registers EGP 8 at exchange companies

Pharos expects the dollar exchange rate to drop to EGP 8.5 during…

Doaa Farid Doaa Farid

Egyptian foreign reserves down more than $1.5bn, at $18.5bn

Government has to pay $250m in September as dues of bonds issued…

Doaa Farid Doaa Farid

$520m increase in Egypt’s foreign exchange reserves in June: CBE

Reserves were supported by government-issued dollar bonds in the international markets during…

Daily News Egypt Daily News Egypt

Fitch confirms Egypt’s “B” rating, outlook is stable

Budget deficit expected to decrease to 11.6% of GDP in FY15, in…

Menna Samir Menna Samir

Banks increased dollar sales by $1.2bn last week: CBE governor

Ramez denies any link between dollar rates and raising prices of commodities

Doaa Farid Doaa Farid

Egyptian investors’ sensitivity is challenge for foreign exchange market: MerexMarkets

MerexMarkets will participate in the 2014 Africa Forex Expo in South Africa,…

Doaa Farid Doaa Farid

China to further ease currency controls for multi-nationals in pilot

Reuters - China will expand a trial programme to make it simpler…

Daily News Egypt Daily News Egypt