The flexible policy recommended is bringing the currency exchange rate closer to the local currency's real value determined by strength of economy.
20.10.2015 All Africa
The Egyptian government is expecting a budget deficit of 8.9 percent (EGP 251 bn) for the entire fiscal year which will end next June.
21.10.2015 Star Africa
Trojan attacks doubled in comparison to the same period in 2014. The attacks’ severity increased targeting the commerce and banking service sectors.
21.10.2015 Daily News Egypt
The second issuance was planned for November.
20.10.2015 Ahram Online
Egypt’s dollar resources likely to increase, launching bonds in international markets under review not cancelled, says Dimian.
20.10.2015 Daily News Egypt
Transactions of Egyptians and Arabs tended towards buying, while foreigners’ transactions tended towards selling.
20.10.2015 Daily News Egypt
The pound fell to 8.0301 per dollar in the official interbank market after declining by similar amount at a central bank currency sale to local lend.
19.10.2015 Bloomberg Business
Egypt is currently negotiating loans worth over $8 billion with the two international financial institutions.
17.10.2015 Ahram Online
Egypt has sought to tame a once-thriving currency black market by imposing a cap on dollar-denominated bank deposits among other measures.
18.10.2015 Reuters
The pound weakend by 1.3 percent to just under 8 against the dollar.
18.10.2015 euronews
