Main Goods Imports Drive Egypt’s Foreign Reserves Down By US$ 84 Mln
The Central Bank of Egypt’s foreign reserves fell US$ 84 million to reach US$ 13.424 billion at the end of last…
Browsing Tag
Egypt’s foreign reserves
Egypt’s Pound Set To Sag Further Against The Dollar: Reuters Poll
Egypt's pound will depreciate steadily against the dollar over the next 12 months, undermined by political and…
Additional Economic Reforms From Egypt Still Needed: IMF Official
The International Monetary Fund (IMF) will suggest additional economic reforms as part of its conditions for…
Hisham Ramez To Meet With Heads Of Banks Next Thursday
Hisham Ramez, governor of the Central Bank of Egypt (CBE), will hold a meeting next Thursday with the presidents of…
Egypt Seeks Libyan Deposit To Support Foreign Reserves
A high-level Egyptian delegation will discuss with the Libyan authorities about the possibility of receiving a…
Egypt’s Cabinet Lifts Ban On Traveling With More Than US$ 10,000
Egypt’s Cabinet prepares a draft law allowing people to travel with more than US$ 10,000 in and out of the country…
Egypt Pound Forwards Advance As Foreign Reserves Beat Estimates
Egyptian pound forwards strengthened for a second day after the country’s foreign currency reserves dropped less…
Egypt Needs To Fix Economy, Strike IMF Deal-Kerry
U.S. Secretary of State John Kerry said on Saturday it is vital that Egypt revive its economy and that the…
Egypt To Invite IMF Team On Thursday For Loan Talks
Egypt will invite an IMF technical team on Thursday to reopen negotiations on a $4.8 billion loan deal, the state…
Decline In Egypt’s Foreign Reserves’ Could Slow Down By March; Says Ramez
The governor of the Central Bank of Egypt (CBE) Hisham Ramez expected foreign reserves’ decline to slow down in…