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IMF, IDB expand partnership for Latin America, Caribbean
The International Monetary Fund (IMF) and the Inter-American Development Bank (IDB) have announced an expanded…
Significant improvement in Egyptian economy – CBE
Egypt’s debt reduction, robust reserves, and prudent policies have positioned the country for sustained growth and…
Egypt’s inflation hits lowest rate since ’23
The decision to unify the exchange rate in March 2024, along with bold monetary policy decisions, has significantly…
Egypt’s FX up 200%, remittances double – CBE
A senior source at the Central Bank of Egypt (CBE) revealed a massive growth in foreign exchange inflows to the…
Egypt’s c. bank FX surplus up to $10.3b by June ’24
The net assets held by the Central Bank of Egypt (CBE) increased significantly to $10.3b up from (negative) $11.4b…
Egypt’s FX reserves hit $46.38b, surpass safety levels
Egypt's foreign exchange reserves hit a record high of $46.38 billion by June 2024.
BOJ needs clearer signal on rate hikes – LDP official
The Bank of Japan (BOJ) needs to clearly show its commitment to normalising monetary policy by gradually increasing…
ECB’s Kazimir hints at two more rate cuts this year
European Central Bank (ECB) policymaker Peter Kazimir indicated on Monday that the bank may consider two additional…
Egypt’s c. bank issues EGP 8b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) on Monday offered treasury fixed coupon bonds (t-bonds) worth eight billion…
European banks earnings to show impact of external factors
This week, Europe’s largest banks will announce their second-quarter earnings, focusing on whether gains from…
