Feature Egypt poised to receive up to $50 billion in FDI M.S.Salama Mar 22, 2024 0 The Egyptian market is gearing up to receive the largest foreign exchange inflows, amounting to approximately $50…
Feature Turkey to reconsider rate hike Aya Anwar Mar 21, 2024 0 Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
Feature Requirements for effective economic recovery in Egypt Dina Abdel Fattah Mar 17, 2024 0 Paying the Ministry of Finance's overdrawn account, totaling EGP 2 trillion, is an urgent imperative to control…
unclassified Moody’s revises Egypt’s outlook to positive, affirms rating at CAA1 M.S.Salama Mar 8, 2024 0 Moody's has revised Egypt's outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.
Money Egypt confident in ability to satisfy FX demand – PM M.S.Salama Mar 7, 2024 0 The Egyptian state is confident in its ability to satisfy the demand for foreign currency from now on, Egypt’s…
Banks Egypt’s c. bank’s recent decisions eliminate FX parallel market Nada Ali Mar 6, 2024 0 The Central Bank of Egypt’s (CBE) recent decision will boost confidence in the Egyptian economy and eliminate…
unclassified URGENT: Egypt’s central bank provides funds necessary for maintaining FX liquidity M.S.Salama Mar 6, 2024 0 In an extraordinary meeting on Wednesday, the Central Bank of Egypt’s the Monetary Policy Committee (MPC) decided…
Feature Yen bets hit six-year high Aya Anwar Feb 15, 2024 0 Since the open interest for near-dated yen futures contracts reached a six-year high, traders have piled into…
Africa News Nigeria devalues currency for 2nd time Aya Anwar Feb 1, 2024 0 Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Feature CBN pays additional $64mln FX backlog Aya Anwar Jan 30, 2024 0 The Central Bank of Nigeria (CBN) has paid an additional $64.44 million toward the verified foreign exchange…