Reuters had quoted three senior officials as saying the Egyptian government set the exchange rate at EGP 17.5 to the USD in the budget of 2018/2019.
07.03.2018 Ahram Online
Reserves had dropped to about $19 billion before Egypt signed the three-year IMF deal, with Egypt floating the currency and lifting capital controls.
06.03.2018 Ahram Online
In January 2018, Egypt kept its customs exchange rate at EGP 16 per US dollar, a figure which had been maintained for the last five months of 2017.
01.03.2018 Ahram Online
Many agree that Egypt’s reform programme was necessary. But as the economy starts to revive, decision-makers must keep an eye on social policy.
01.03.2018 Ahram Online
The 10-year bond rose to 14.800 percent from 13.871 percent at the last auction.
28.02.2018 Ahram Online
Foreign holders of Egypt’s local debt have been using the open currency market more frequently to get dollars.
27.02.2018 The Daily Star
Total investments in H1 amounted to EGP 353bn.
The growth rate during the second quarter was 5.3%, and the total during the first six month was 5.2%
25.02.2018 Daily News Egypt
Companies will benefit from access to cheaper credit in the Arab world’s most-populous country.
21.02.2018 The Daily Star
The National Bank of Egypt is looking to secure $500 million in loans by the end of June.
16.02.2018 Bloomberg Business
The monetary policy committee led by Governor Tarek Amer lowered the overnight deposit rate by 100 basis points to 17.75 percent.
16.02.2018 Bloomberg Business
