Latest in Tag: reserves Highlight
Latest in Tag: reserves
Geopolitical events cast shadow over expectations of pound’s interest, reserve, inflation
I expect a rate cut from 2% to 3%, exchange rate to EGP 14-15: Abdel Aal
Egypt’s net foreign reserves break $45bn, the highest level ever
We need to study the reasons for the high BOP deficit, especially in exports and FDI, says Abdel Aal
Foreign reserves hit record high of $38.21bn at end-January 2018
Volume of foreign currency liquidity up $1.036bn, gold up $135m, says CBE
Foreign exchange reserves up by $392m at end of September
Volume of foreign currency liquidity up by $365m, gold up by $30m: CBE
Egypt foreign exchange reserves increase by $107m in August
Foreign exchange reserves increased to $36.14bn at the end of August compared to $36.03bn in July
Foreign exchange reserves increase by $4bn to reach $23bn as of end of November
The Central Bank of Egypt (CBE) announced that its foreign exchange reserves increased by $4.01bn as of the end of November 2016, up from $19.04 to register $23.06bn at the end of October. According to a note released by the CBE on Monday, the size of its foreign currencies at the end of November rose …
Prime Minister urges providing enough strategic commodity reserves for 6 months
Keeping prices unchanged is a strategic and national goal, says Ismail
$26m increase in CBE’s foreign exchange reserves in June
The value of gold included in the reserves increased to $2.602bn in June, compared to $2.513bn in May, an increase of $89m.
CBE to reveal its foreign exchange reserves this week
Debt repayment to Qatar and Paris Club countries is likely to impact reserves by the end of July
Foreign aid, loans kept foreign exchange reserves cohesive under Muslim Brotherhood and Al-Sisi
The Egyptian pound lost 16% of its value against the US dollar during Morsi’s presidency and lost 23% of its value during the first two years of Al-Sisi’s presidency
GASC purchases 300,000 tonnes of wheat, reserves safe until June
Wheat quantities to be supplied in March from France, Romania, Ukraine, and Argentine
Egypt’s wheat reserves in question
Last May, wheat reserves were reported to be 165,000 tonnes
Egypt’s commodities reserves sufficient until April
New logistics system improves storage of commodities, says Supply Minister
US dollar registers EGP 8 at exchange companies
Pharos expects the dollar exchange rate to drop to EGP 8.5 during H1 of 2016
BAPETCO’s discovery increases daily oil production to 50,600 barrels
Well’s original oil records about 15m barrels, adds approximately 5m barrels to oil reserves
CBE raises dollar price by 10 piasters at official auction
The Central Bank of Egypt (CBE) allowed the Egyptian pound to deteriorate on Thursday, for the first time since February 2015
Foreign reserves record $15.29bn end of March
The reserves figure remained within the same range since the beginning of 2015
Strategic wheat reserves to last for coming six months: Supply ministry
Price of local ton of wheat is around EGP 800 higher that imported wheat, supply minister says
Inflation rate reaches 8.2% in May: CAPMAS
Workers in the retail sector say prices for most products have increased significantly in recent months, due to increases in the price of the US dollar.
Engineering consulting company releases quarterly report
The consulting firm says Egypt’s consumption price index increased by 4% due to increases in food prices and the devaluing of the Egyptian pound