tag Egypt Devaluation

Egypt Inflation Rate Eases Ahead of Expected Devaluation

EghtesadOnline: Egypt’s annual inflation rate dropped for the first time since March, providing a rare respite from soaring prices as officials prepare a devaluation to secure a $12 billion loan from the International Monetary Fund.
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Publish Date:10/October/2016 | 17:50

Egypt Stocks Surge on Bets Devaluation Will Drive Growth Rebound

EghtesadOnline: Egyptian stocks advanced the most in more than two months as investors bet that policy makers may devalue the country’s currency as soon as this week, luring back foreign investors and giving a lift to an embattled economy.
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Publish Date:04/October/2016 | 24:07