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" reserves"
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Business - Economy
2/12/2013 6:32:27 PM
Global ratings agency cuts Egyptian bond rating due to recent clashes and reduced foreign currency reserves
Business - Economy
2/7/2013 1:18:09 PM
The cutoff price reaches LE6.7043 to the dollar at Thursday's currency auction
Business - Economy
2/6/2013 6:19:06 PM
Following news of dwindling foreign currency reserves, Egypt's EGX30 slides 1.8 pct to 5,698 points
Business - Economy
2/6/2013 2:18:50 PM
Central Bank of Egypt will hold an extra auction on Thursday to try to ease the Egyptian pound's fall
Business - 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
Business - Economy
2/5/2013 4:31:43 PM
Central Bank of Egypt reports that country's net foreign reserves fell to $13.6 bn last month, down from $15 bn one month earlier
Business - 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
Egypt - Politics
1/26/2013 7:21:42 PM
The council, which is headed by President Morsi and includes key military and police leaders, calls for dialogue with opposition, may consider imposing curfew in battle sites as clashes persist in several governorates
Business - Economy
1/26/2013 7:13:28 PM
Business - Economy
1/21/2013 4:52:50 PM
Local economists say currency crisis will worsen if IMF loan agreement is postponed further, expect Egyptian pound to fall as low as 7 to US dollar by month's end
Business - Economy
1/20/2013 11:57:19 AM
Egypt Central Bank offers $75 million in its latest auction on Sunday
Business - Economy
1/19/2013 4:28:34 PM
The International Monetary Fund is assessing Egypt's new budget-reduction procedures - the final stage before signing over a $4.8bln loan
Business - Economy
1/16/2013 8:31:43 PM
The theory that currency devaluation will bolster exports has proven invalid in Egypt's case, say economists, who warn of devaluation's inevitable impact on trade deficit, inflation and state budget
Business - Economy
1/15/2013 2:51:54 PM
Egyptian pound falls 0.3 per cent at Tuesday's auction to sit at 6.5500 against the US dollar
Business - 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
Business - Economy
1/6/2013 1:20:49 PM
Closely watched foreign reserves reached $15.014 billion by end of December 2012
Business - 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
Business - 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
Business - 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
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
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