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" foreign currency"

163 results

Egypt - Society
8/10/2022 7:37:24 PM
Egypt seeks an average of 15 percent savings in natural gas pumped yearly into power stations nationwide to be redirected for export with the aim of bringing in more foreign currency amid the spike in the oil and basic goods prices, the country's Prime Minister Mostafa Madbouly said.

World - Region
6/16/2022 3:36:29 PM
Iran's Central Bank is allowing licensed exchange offices to resume buying and selling foreign currency, days after traders protested over the worsening economic situation and the country's currency dropped to its lowest value ever, state-run media reported Thursday.

Egypt - Politics
6/15/2022 8:10:17 PM
Prime Minister Moustafa Madbouly urges Egyptians to rationalise their consumption amid the global food crisis to ease the foreign currency burden on the state, yet he affirms the availability of basic commodities.

Business - Economy
6/12/2022 8:06:39 PM
Egypt’s agricultural exports reached 3.5 million tonnes from January till 11 June 2022, the Agriculture Minister El-Sayed El-Quseir announced on Sunday after receiving a report from the head of the Central Administration of Plant Quarantine.

Business - Economy
5/8/2022 8:47:32 PM
Egypt’s net international reserves (NIRs) rose slightly in April to $37.1 billion, up from $37 billion posted in March, the Central Bank of Egypt (CBE) announced on Sunday.

Business - Economy
4/21/2022 6:26:57 PM
Fitch Ratings has affirmed Egypt's long-term foreign-currency issuer default rating (IDR) at B+ with a stable outlook, the credit rating agency announced on Thursday.

War in Ukraine - Economy
3/31/2022 5:27:41 PM
A Kremlin decree published by state media says ``unfriendly countries`` can continue to pay for natural gas in foreign currency through a Russian bank that will convert the money into rubles.

Al-Ahram Weekly - Economy
3/29/2022 8:34:20 PM
Egypt is borrowing in Japanese yen in an effort to diversify its foreign currency resources, writes Doaa A. Moneim

World - International
1/9/2022 10:01:39 AM
Chinese Foreign Minister Wang Yi was in Sri Lanka on Sunday seeking to advance China's ambitious Belt and Road Initiative, as the island nation looked to Beijing for help as it tries to rescue itself from a foreign currency and debt crisis.

World - International
10/16/2021 3:27:12 PM
A former governor of Iran's central bank was sentenced Saturday to 10 years in jail over the loss of $160 million and 20 million euros in foreign currency trading.

World - International
9/21/2021 4:01:41 PM
Afghanistan's central bank has access to only a fraction of its usual financing, and is cut off from the international banking system and its own foreign currency reserves

World - Region
9/19/2021 3:30:48 PM
Basic and life-saving medicines are in short supply, with restrictions in foreign currency severely limiting importation of medicines and medical goods

Business - Markets & Companies
9/13/2021 4:34:31 PM
In September 2020, Goldman Sachs said that it expects Egypt s hard currency inflows will increase and that the Egyptian pound will maintain its stability

World - Region
8/27/2021 4:10:09 PM
Lebanon is in the throes of one of the world's worst economic crises since the mid-19th century, which has sparked a flurry of shortages from medicines to fuel as foreign currency reserves run low

World - Region
7/9/2021 2:36:38 PM
The country is facing what the World Bank has called one of the world's worst economic crises since the 1850s, and its foreign currency reserves are fast depleting

World - Region
6/29/2021 5:26:23 PM
Lebanon hiked fuel prices by more than 30 percent Tuesday as it reduced subsidies that have eaten away at the central bank's foreign currency reserves amid a painful economic crisis

World - Region
6/8/2021 7:22:14 PM
It wasn't immediately clear if commercial banks, short on foreign currency, can meet the demand of an anticipated rush on the banks when the policy goes into effect July 1.

Business - Economy
4/29/2021 3:20:20 PM
The data showed that domestic liquidity in the Egyptian market rose to EGP 5.1 billion by the end of March, up from EGP 5 billion in February and EGP 4.5 billion by the end of FY2019/20

Business - Economy
3/10/2021 1:48:39 PM
Egypt’s economy has shown stability and resilience through the global COVID-19 pandemic, said Fitch Ratings

World - Region
1/18/2021 11:19:38 AM
'We have become dependant on imported oil and we have used up foreign currency in large amounts to pay for petroleum products,' Arnous told deputies in a speech to Parliament

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