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Egypt Rate Hike Is Off Table With Devaluation Delayed: Day Guide
Bloomberg via Yahoo News· 12 months ago(Bloomberg) -- Egypt’s central bank will likely wait out a pick up in inflation and put off...
Egypt floats its currency and agrees with the IMF to increase a bailout loan to $8 billion
Associated Press via Yahoo News· 3 months agoEgypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to...
Egypt: Shift to Flexible Exchange Rate Is Crucial Even at Risk of Exacerbating Debt Challenges
FX Empire via Yahoo Finance· 1 year agoEgypt’s shift toward a flexible exchange rate promises multiple benefits but creates difficult...
Egypt secures IMF deal after pound plunge, bumper rate hike
Reuters via AOL· 3 months agoCAIRO/DUBAI (Reuters) -Egypt secured on Wednesday an expanded $8 billion deal with the International...
How to Tell When Egypt’s Next Currency Devaluation Is Coming
Bloomberg via Yahoo News· 4 months ago(Bloomberg) -- Egypt is mired in a grueling economic crisis that’s left its 105 million-plus people...
Egypt’s Devaluation and Record Rate Hike Put IMF Deal in Reach
Bloomberg via Yahoo News· 3 months ago(Bloomberg) -- Egypt delivered its biggest-ever interest-rate hike and allowed its currency to...
Egypt's pound keeps falling on black market ahead of IMF meeting
Reuters via Yahoo Finance· 2 years agoThe gap between the official rate of the Egyptian pound against the dollar and the price on the...
Egypt Plans New Derivatives to Build Market for Currency Hedging
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Egypt’s central bank is set to allow new currency derivatives to unlock liquidity in...
Egypt faces painful choices after Sisi's re-election
Reuters via Yahoo News· 6 months agoA steady deterioration of the economy puts Egypt under pressure to take long-awaited measures following a presidential election, foremost among them a...
Egypt Clears One Hurdle for IMF Review, Faces Other on Currency
Bloomberg via Yahoo News· 9 months ago(Bloomberg) -- Egypt has removed one key concern that’s held up a review of a $3 billion rescue...