Egyptian pound settles at 49.5 after floating currency
Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…
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Egypt’s foreign currency liquidity
Fitch: currency devaluation ‘moderately positive’ for Egyptian banks in long term
The recent devaluation of the Egyptian pound against the US dollar will likely be supportive of foreign currency…
Afreximbank proposes $1 billion facility to support Egypt’s foreign currency liquidity
The African Export-Import Bank (Afreximbank) is ready to arrange a facility of up to $1 billion for Egypt’s central…
