devaluation

Egypt to face pain before gain after massive currency devaluation

Egypt to face pain before gain after massive currency devaluation

By bringing the Egyptian pound down to levels which the markets consider fair value, the devaluation promises to attract fresh capital into the country.

كتب: Andrew Torchia

Monday 07-11-2016 05:01 PM
No quick portfolio inflows due to Egypt devaluation, fund managers say

No quick portfolio inflows due to Egypt devaluation, fund managers say

Egypt's currency devaluation may eventually bring foreign money into the country, but fund managers say there will be no quick inflows of portfolio investment.

كتب: Marc Jones and Sujata Rao

Sunday 06-11-2016 10:57 AM
Update: Egypt keeps pound steady at dollar sale despite devaluation talk

Update: Egypt keeps pound steady at dollar sale despite devaluation talk

Egypt's central bank kept the Egyptian pound steady against the dollar at Tuesday's weekly auction of foreign currency, bankers said.

كتب: Reuters

Tuesday 04-10-2016 12:00 PM
Egypt inflation expected to remain high as pound devaluation looms - Moody's

Egypt inflation expected to remain high as pound devaluation looms - Moody's

Egypt's inflation rates are expected to "remain elevated" in the upcoming fiscal year as plans to devalue the pound and introduce subsidy fuel reforms loom

كتب: Nourhan Fahmy

Wednesday 28-09-2016 05:28 PM
Egypt's black market dollar hits record high amid devaluation talk

Egypt's black market dollar hits record high amid devaluation talk

The gap between Egypt's official and unofficial dollar rates hit its widest ever on Thursday, black market traders said, a day after the central bank governor r

كتب: Reuters

Thursday 21-07-2016 05:07 PM
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