BMI: Egypt’s current account deficit to narrow in FY2024/25
BMI, a Fitch Solutions company, expects Egypt’s current account deficit to narrow to 5.7 per cent of GDP ($17.9…
Browsing Tag
remittances
Egypt-Cyprus trade exchange hits $327m in 2024
The trade exchange between Egypt and Cyprus recorded $327 million in 2024, marking a notable increase from $115…
Vietnam remittances likely to reach $16b in ’24
Remittances to Vietnam are estimated to reach approximately $16 billion in 2024, maintaining the record-high level…
Filipinos remittances grow 3.5% YoY in Nov. ’24
The Philippines recorded a 3.5 per cent increase in personal remittances from Overseas Filipinos (OFs) to $34.6…
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…
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…