Αποτελέσματα Αναζήτησης
8 Μαρ 2024 · CAIRO, March 7 (Reuters) - Egyptian officials said they expected more inflows and the pound held steady on Thursday, a day after the central bank announced a shift to a more flexible exchange rate...
- Egypt secures IMF deal after pound plunge, bumper rate hike
Egypt secured an expanded $8 billion deal on Wednesday with...
- Egypt secures IMF deal after pound plunge, bumper rate hike
6 Μαρ 2024 · Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points rate hike in...
6 Μαρ 2024 · The fund said on Wednesday that Cairo had taken “decisive steps to move towards a credible flexible exchange rate regime” after Egypt’s central bank devalued the pound by 40 per cent and...
18 Μαρ 2024 · The sharply devalued Egyptian pound will make the country’s exports, like cotton, more competitive and improve its trade deficit. However, it will also greatly diminish the purchasing power of a population of whom roughly 30% already lives in poverty.
6 Μαρ 2024 · The measures, announced by the Central Bank of Egypt early Wednesday, were among the key demands of the IMF to increase its $3 billion bailout loan that both parties agreed to in 2022. The central bank, known as CBE, increased the key interest rate by 600 basis points to 27.75%.
18 ώρες πριν · Egypt’s pound has slipped to its lowest level since a devaluation in March, amid a broad sell-off in emerging markets and increased local demand for dollars.. The pound is trading at about 49.8 ...
6 Μαρ 2024 · Egypt delivered its biggest-ever interest-rate hike and allowed its currency to weaken more than 38% in a long-awaited devaluation that may pave the way for billions more in loans from the...
