Egypt sees highest-ever monthly dollar inflows in July – PM
Egypt saw its highest-ever monthly US dollar inflows in July, reaching $8.5 billion, excluding volatile hot money,…
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hot money
PM says Egypt’s FX reserves built on solid economy, not hot money
Egypt’s foreign reserves are climbing on the back of economic reforms and a stronger real economy rather than…
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…
Monday’s hot money exit didn’t drain Egypt’s FX reserves – PM
Egypt has experienced an outflow of hot money on Monday due to a global sell-off, but the government assures that…
Egypt will not offer international bonds until June-end
Egypt’s Minister of Finance Mohamed Maait said on Monday in an interview with CNBC that his country would not…
Around $35 billion ‘hot money’ left Egypt since pandemic – minister
Egypt's Finance Minister Mohamed Maait said on Sunday that around $35 billion in short-term investment “hot money”…
Maait says $22 billion ‘hot money’ left Egypt
Egyptian Finance Minister Mohamed Maait said on Monday around $22 billion in short-term investment “hot-money” had…