Tag: International Monetary Fund

US Dollar breaks EGP 6.15 level

Raise reportedly due mainly to political tension

Liliana Mihaila
Liliana Mihaila
Dealers are seen at the Egyptian stock exchange market in Cairo. Only seven stocks rose, 156 fell and nine remained unchanged Photo by Mohamed Omar
Business

Stock exchange continues to fall

Mood of pessimism continues to drive down stock market

Liliana Mihaila
Liliana Mihaila

Political instability and the IMF loan

If the political situation escalates, the International Monetary Fund (IMF) may review…

Liliana Mihaila
Liliana Mihaila
Protesters argue that the IMF loan would increase Egypt's debt. (PHOTO BY JOEL GULHANE)
EgyptPolitics

Civil society groups and political parties march against IMF loan

Groups express concern over the consequences of accepting the IMF loan

Joel Gulhane
Joel Gulhane

Morsy and IMF chief confirm independence of Egypt’s economic policy making

By Noah Chasek-Macfoy International Monetary Fund Director Christine Lagarde confirmed on Saturday…

Daily News Egypt
Daily News Egypt