Sunday, 8 September 2013

Egypt pound strengthens at bumper $1.3 bn currency sale

The Egyptian pound jumped 1.2 percent on Wednesday at a $1.3-billion foreign currency sale - its biggest ever - as the central bank gambled a large chunk of its reserves to show that Egypt's economic turbulence was coming to an end.Since the 2011 popular uprising, foreign reserves .

  • China buys into giant Kazakh oilfield for $5 billion
  • Moving to Dubai? Five things you need to know about banking
  • Pakistan gets first installment of $540mn loan from IMF

No comments:

Post a Comment