Egypt sells $509 mln in one-year dollar T-bills – c.bank
Egypt sold $509.3 million in one-year, dollar-denominated T-bills on Tuesday at an average yield of 3.45 percent,…
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Egypt’s M2 money supply accelerates to 15.62% in April – CBE
Egypt’s M2 money supply growth accelerated to 15.62 percent year-on-year in April, according to the central bank…
Turkey cuts interest rates amid coronavirus crisis in effort to boost recovery
Turkey’s central bank cut interest rates by 50 basis points on Thursday, in a move economists say was likely…
Turkish central bank triples Qatar currency support deal to $15 billion
Turkey’s central bank tripled its currency swap agreement with Qatar on Wednesday, securing much-needed funding as…
Egypt’s net foreign reserves fall to $40.1 bln in March – c.bank
Egypt’s net foreign reserves dropped to $40.1 billion at the end of March from $45.5 billion in February, the…
Aramco IPO not causing liquidity issues for banks: Saudi central bank
Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on…
Private insurance funds’ investments in Egypt’s T-bills fall 0.66% Sept-end
The total investments of private insurance funds in the Egyptian government’s treasury bills dropped around 0.66…
Lebanon’s central bank asks banks to raise capital by up to 20%
Lebanon’s central bank has asked banks to raise their capital by up to 20% by the end of June 2020, according to a…
Hong Kong central bank cuts lenders’ cash reserves amid protests
The Hong Kong Monetary Authority (HKMA) has cut the amount of cash that banks must keep as reserves, releasing an…
More cuts in Egypt’s c.bank interest rates in Q4 – EFG Hermes
In an exclusive interview, director and head of macroeconomic analysis at EFG Hermes, Mohamed Abu Basha, told Ahram…