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" Foreign Exchange"
40 results
Business - Economy
5/28/2013 3:36:46 PM
Egypt central bank sold $38.4 million to banks in a foreign exchange auction with the cut-off price unchanged at LE6.972
Business - Economy
12/31/2012 12:32:09 PM
New foreign exchange mechanisms will help curb speculation on US dollar and maintain low inflation, say bankers
Business - Economy
12/29/2012 6:54:48 PM
Egypt's Central Bank announced Saturday it would implement currency auctions as reserves reach critical levels
Business - Economy
7/17/2012 6:24:43 PM
Business - Economy
4/30/2012 10:19:41 AM
Algerian court postpones appeal hearing from Djezzy contesting a lower court ruling last month that the company and its CEO were guilty of violating foreign exchange regulations
Business - Economy
3/28/2012 3:24:39 PM
Communications giant lodges complaint after being hit with $1.3 billion fine and criminal sentence for executive
Business - Economy
3/13/2012 12:13:42 PM
Problems in the company's Algerian operations and foreign exchange losses causes firm to miss profit forecasts, figures show
Business - Economy
3/2/2012 12:00:00 PM
Contrary to the common wisdom that Inflation Targeting economies should adapt a free floating exchange rate, a new IMF study indicates that some intervention in the foreign exchange is likely to be optimal
Business - Economy
2/27/2012 4:16:57 PM
With oil revenues frozen the government will cut spending and increase its external borrowing to compensate, says finance minister
Business - Economy
12/15/2011 12:26:17 PM
Despite sales increase, Egypt's steel giant sees net profit drop to LE51 million in H12011 with tax and foreign exchange losses mostly to blame
Business - Economy
10/11/2011 7:47:43 PM
Deputy bank governor says that Egypt will not go bankrupt
Business - Economy
7/19/2011 4:19:43 PM
Higher oil and wheat import bills in early 2011 are behind the climb to $111.6 billion, according to official data
Business - Economy
6/15/2011 5:45:02 PM
The biggest decline was in tourists arriving from Eastern Europe, whose numbers declined 58.2 per cent
Business - Economy
5/21/2011 3:48:58 PM
Deputy governor says reserves stand at $28 billion, contrary to a report from state news agency
Business - Economy
5/18/2011 3:36:53 PM
Short of foreign exchange resources, Egypt is renegotiating its 14-year deal to sell gas at half the market price
Business - Economy
5/6/2011 10:42:36 AM
The main source of foreign exchange in Egypt — tourism — is said to have dropped over $1 billion in the first two months of 2011
Business - Economy
4/20/2011 3:30:58 PM
Egypt is negotiating the easing of its foreign debt payments as the economy contracts 6 per cent and foreign exchange resources are shrinking, says finance minster
Business - Economy
4/4/2011 11:47:45 AM
Governor promises 'firm intervention' if speculators target currency but otherwise relies on supply and demand
Business - Economy
3/8/2011 5:46:28 PM
Egypt’s international reserves witness their biggest monthly decline in over 6 years to reach $33.3 billion
Business - Economy
3/7/2011 6:00:31 PM
The new governor, Mohamed Kheir el-Zubeir, will have to deal with the difficult foreign exchange situation after secession
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