Tag: EGP
Bets on Big FX Devaluation (EGP USD) In Egypt Crushed as IMF Deal Nears
Investors are rushing to unwind their bets on a big depreciation of the Egyptian currency early this year as the country’s government is nearing a dea [...]
JPMorgan Cuts Egypt From Key Bond Indexes as FX (EGP USD) Shortages Mount
JPMorgan Chase & Co. will exclude Egypt from local-currency bond indexes tracked by billions of dollars worth of emerging market funds, underscori [...]
US Dollar Rises 50% In Egypt’s Foreign Exchange Black Market
The conflict in the Middle East between Israel and Palestine is proving to be expensive for new BRICS member Egypt, as the US dollar sharply spiked b [...]
Authorities Seize Illegal Foreign Exchange Cases worth EGP 171 million
The General Department for Combating Public Funds Crimes and Organized Crime, in coordination with the concerned auth [...]
Notable ETF Influx Detected – IWO, TDOC, TREX, EGP
Looking right this moment at week-over-week shares excellent adjustments among the many universe of [...]
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