Morocco’s c. bank cuts rates to 2.5%
Morocco's central bank (Bank Al-Maghrib) has reduced its key rate by 25 basis points to 2.5 per cent, following its…
Browsing Tag
remittances
Filipinos remittances rise in Oct. ’24
The Philippines saw a 2.7 per cent increase in personal remittances from Overseas Filipinos (OFs) to $3.42 billion…
Egypt’s central bank launches instant inbound remittance service
The Central Bank of Egypt (CBE) announced on Thursday the launch of a new service that enables instantaneous…
Remittances from Jordanian expats grow 3.2% YoY in 9m – CBJ
Jordanian expatriates sent $2.645 billion in remittances back home during the first three quarters of 2024, a 3.2…
IMF approves $415m disbursement for Morocco
The International Monetary Fund (IMF) Executive Board has completed the second review of Morocco’s Resilience and…
Filipino expat remittances rise in August ’24
Remittances from expatriate Filipinos continued to rise in August 2024, reaching $3.20 billion, a 3.3 per cent…
Filipino expats’ remittances climb to $3.43b in July
Remittances from Overseas Filipinos (OFs) continued to rise in July 2024, reaching $3.43 billion, a 3.2 per cent…
Egypt’s FX up 200%, remittances double – CBE
A senior source at the Central Bank of Egypt (CBE) revealed a massive growth in foreign exchange inflows to the…
Egypt ranks 6th globally in receiving expat remittances in ’22/’23
Egypt ranked sixth globally in receiving remittances, with $22.1 billion sent by its citizens abroad in the fiscal…
Banque Misr Chair: Remittances from Egyptians abroad grow 10-fold
As Egypt enforced exchange rate reforms, signed landmark multi-billion agreements, and received the thumbs up from…
