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Business
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Economy
2/5/2013 11:11:02 PM
Minister of planning Ashraf El-Arabi warns that Egypt's foreign currency reserves – currently at their lowest levels in decade – will only cover three months of national imports
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Business
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Economy
1/31/2013 7:27:19 PM
CBE says it provided fleeing investors with almost $13 bn in wake of 2011 revolution, attributes eroding foreign currency reserves to petroleum, food imports
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Business
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Economy
1/22/2013 12:44:07 PM
Central Bank of Egypt says it is allowing banks to temporarily provide clients with facilities in foreign currency for import operations
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Business
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Economy
1/15/2013 12:44:00 PM
Central Bank of Egypt holds second auction this week for $75 million as part of new policy to preserve country's foreign currency reserves
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Business
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Economy
1/6/2013 1:20:49 PM
Closely watched foreign reserves reached $15.014 billion by end of December 2012
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Business
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Economy
1/5/2013 12:59:23 PM
Egypt's economists are anxious as the country's foreign currency reserves fall further amid a slow but steady devaluation
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Business
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Economy
1/4/2013 7:50:00 PM
The international rating agency says the new auction system Egypt introduced to conserve foreign currency reserves increases transparency
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Business
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Economy
1/1/2013 12:14:19 PM
The International Monetary Fund welcomes measures taken by the Central Bank of Egypt to maintain tighter control over foreign currency supply in order to safeguard nation's international reserves
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Business
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Economy
12/30/2012 11:02:57 AM
Egypt's Central Bank places a $30,000 daily foreign-currency withdrawal cap on corporates, charges extra fees on currency exchange for individuals
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Business
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Economy
12/9/2012 12:23:28 PM
Political turmoil caused by President Morsi's constitutional declaration damages tourism and foreign investment, drives down Egypt's foreign currency reserves, Beltone investment bank says
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Business
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Economy
11/6/2012 5:39:47 PM
EGX30, EGX70 rise by 1.7pct, 2pct respectively on reported increase of Egypt's foreign-currency reserves
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Business
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Economy
11/5/2012 5:44:05 PM
Country's total foreign currency reserves sit at $15.484 billion, says central bank statement
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Business
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Economy
10/30/2012 3:40:26 PM
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Business
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Economy
10/6/2012 2:02:37 PM
US senator looks for expanding sanctions on Iran through freezing it's foreign currency reserves held in banks outside the country
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Business
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Economy
9/7/2012 3:41:17 PM
Qatar-based credit line and hopes for an imminent restart of oil production prompt the first gains for the currency against the dollar since January
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Business
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Economy
8/7/2012 2:20:29 PM
A recent up-tick in reserves proves short-lived as figure drops a further $1.1 billion
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Business
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Economy
6/20/2012 3:25:36 PM
Financial institutions take a further hit, as ratings agency makes new amendments on the back of renewed political turmoil
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Business
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Economy
6/19/2012 11:11:21 AM
Sudan telecoms operators are facing troubles in payments in consequence of foreign currency shortage and double exchange rate, operators are struggling to buy hard currency from the government
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Business
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Economy
6/5/2012 2:38:26 PM
Income from the waterway holds steady month-on-month, official figures show
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Business
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Economy
4/17/2012 5:16:55 PM
Syria's foreign reserves hit by 30 per cent drop due to international sanctions which were imposed on Assad's government
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