Zimbabwe to implement new measures to save currency
Zimbabwe is about to unveil new measures to support its currency amid the decline in both the official and the…
Browsing Tag
U.S. dollars
Six months extension for zero-customs gold import initiative
The Egyptian Cabinet has extended on Sunday the zero-customs programme for gold imports by Egyptian nationals…
Egypt’s FRA launches dollar-based pension plan for expatriates
Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for…
Egypt’s net foreign assets deficit hikes 125% to $27 bln over a year
Egypt's net foreign assets (NFAs) deficit surged by over 125 percent on a yearly basis in June, according to data…
Egypt studies dollar alternative possibility for trading commodities
Egypt is putting approving the currencies of its commodity trade partners, including China, India and Russia, into…
Russia adopts Egyptian pound instead of U.S. dollar
The Russian Central Bank has added the Egyptian pound into the Russian exchange rate list, to increases reliance on…
Syrian Crisis Causes Billions Of Dollars In Losses
Syria has lost up to 30 billions U.S. dollars over the past 18 months due to the damage to infrastructure, costs of…
Egypt C.Bank Sells 513 Mln Euros Of T-Bills
Egypt's central bank said it sold 513 million euros ($642 million) worth of euro-denominated T-bills at an average…
Egypt Central Bank To Sell Euro-Denominated T-Bills
Egypt's central bank has told commercial banks it will offer 400 million euros in one-year euro-denominated…
