All posts tagged "devaluation"

The International Monetary Fund announced on Wednesday that its Executive Board has completed the second review of...

The Central Bank of Egypt sold USD 100 million at an exceptional auction on Thursday following its...

The International Monetary Fund (IMF) has “welcomed” Egypt’s move to float the Egyptian pound, Reuters reported. “This...

South Africa has regained its position as Africa’s second-largest economy after Nigeria, edging out Egypt, Bloomberg reported....

The Central Bank of Egypt devalued the pound from 7.83 to 8.95 against the dollar on Monday,...