Egypt’s Q2-2016/17 exports rise to $5.1 billion: CBE
Egypt's exports totalled $5.1 billion in the second quarter of the financial year 2016/17, a rise on the $4.3…
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Egyptian Pound
Fitch affirms Egypt rating at ‘B’ with stable outlook
Fitch Ratings has affirmed Thursday Egypt’s long-term foreign- and local-currency issuer default ratings (IDRs) at…
National Bank of Egypt says has raised $8.2 billion since pound float
Egypt’s biggest lender, the state-owned National Bank of Egypt has raised $8.2 billion since the liberalisation of…
Egypt attracts $8.4 bln foreign investment in domestic debt since pound float
Egypt attracted $8.4 billion of foreign investment in domestic debt instruments since the flotation of its pound in…
Egypt’s forex reserves surpass Nigeria for first time in 6 years: Bloomberg
Egypt’s foreign-exchange reserves have surpassed Nigeria’s for the first time since 2011. The North African…
Egypt fixes customs dollar exchange rate at 16.5 pounds for June
Egypt’s finance minister announced Wednesday that the exchange rate of the customs dollar will remain at 16.5…
Egypt’s foreign trade reach $35 billion since currency float: official
Egypt’s foreign trade since early November, when the government floated the country’s pound until May 25 reached…
Nigeria, Egypt currency depreciations depress Africa insurance premium: AIO
There are indications that currency devaluation such in Egypt and Nigeria, is taking huge toll on Africa’s…
Foreign currency inflows into Egypt’s banking system hit $25 bln since float
Egypt’s central bank governor Tarek Amer said Sunday that foreign currency inflows into the banking system reached…
Banque Misr sold $5 billion to cover imports since pound float; chairman says
Egypt’s second largest state-owned lender, Banque Misr said Sunday it has provided around $5 billion to cover…