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Sunday, May 19, 2024

Stripe employees get to sell $1bn of shares

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Tag: egypt’s

Egypt’s Currency Squeeze Pushes Bank Foreign Buffers to a New Low

Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack inflows drives a deterioration in the...

Egypt’s Currency Squeeze Intensifies as Banks’ Foreign Buffers Decline

Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack inflows drives a deterioration in the...

Egypt’s Inflation Speeds Up Again, Projected to Remain Above 30%

Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already building following three currency devaluations. Consumer prices...

Egypt’s Headline Inflation Rate Jumps to 32.7% in March

Egypt's annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from...

Egypt’s Jumbo Rate Hike Viewed as Insufficient by Bond Buyers in Fight against Inflation

Egypt’s 200 basis-point interest rate hike has not satisfied bond investors who say the central bank must do more if it is to vanquish...

Egypt’s net foreign reserves rise to $34.003 bln in December – c.bank

CAIRO, Jan 3 (Reuters) - Egypt's net foreign reserves rose to $34.003 billion in December from $33.532 billion in November, the central bank said...

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