foreign exchange markets
Dollar slips on doubts Fed will speed rate hikes, euro edges up
Business
March 21, 2017
Dollar slips on doubts Fed will speed rate hikes, euro edges up
The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the…
IMF bailout for Egypt seeks major reduction in public debt
Business
November 12, 2016
IMF bailout for Egypt seeks major reduction in public debt
The International Monetary Fund said on Friday that its $12 billion bailout program for Egypt aims to reduce the country's…
US dollar hits LE13.10 on black market after Sisi’s speech
Business
September 28, 2016
US dollar hits LE13.10 on black market after Sisi’s speech
Foreign exchange traders working on Egypt's black market said the price of the US dollar jumped to more than LE13…
IMF announces three-year $12 bln funding deal with Egypt
Egypt
August 11, 2016
IMF announces three-year $12 bln funding deal with Egypt
The International Monetary Fund (IMF) said on Thursday it had reached a staff-level agreement with Egypt for a $12 billion…