Fitch affirms Egypt’s rating at ‘B’ with stable outlook
Fitch Ratings has affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, maintaining a…
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foreign reserves
Morocco keeps interest rate at 2.25%
Morocco’s central bank kept its key rate at 2.25 per cent on Tuesday, citing global and domestic risks despite…
Between the Macro and the Micro… the Economy Shines, the Citizen Suffers
In Egypt, official reports announce reassuring numbers. Foreign reserves are rising, inflation is easing, and the…
S. Korea’s official foreign reserves hit $416.3b in August ’25
South Korea’s official foreign reserves stood at $416.3 billion at the end of August 2025, the Bank of Korea (BOK)…
Egypt’s net FX reserves rise to $48.7b in June
Egypt’s net foreign exchange reserves rose to $48.700 billion at the end of June, up from $48.526 billion in May,…
Indonesia’s foreign reserves rise in June ’25 – c. bank
Indonesia’s official reserve assets stood at $152.6 billion at the end of June 2025, slightly up from $152.5…
IMF to conduct Egypt’s 5th, 6th reviews next fall
The International Monetary Fund (IMF) said Egypt’s Fifth and Sixth Reviews under the Extended Fund Facility (EFF)…
Egypt’s Hassan Abdalla wins Arab Banking Union’s Governor of the Year
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), was named the "Governor of the Year" by the Arab…
PM: Egypt no longer reliant on hot money for reserves
Prime Minister Moustafa Madbouly said Wednesday recent outflows of hot money in the wake of regional tensions pose…
Egypt’s economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…