IMF Managing Director Christine Lagarde said that Egypt has “almost completed” the actions required for the International Monetary Fund’s board to review its $12 billion loan accord, but some measures related to the exchange rate [ More … ]
The Central Bank of Egypt will likely raise its key borrowing costs to the highest level in more than a decade, as it tries to curb surging consumer prices amid growing speculation of another currency [ More … ]
The International Monetary Fund (IMF) arrived to Caro for a 14-day visit, during which time Egypt is expected to respond to IMF inquiries amid continued negotiations for a $12 billion loan. The visit is expected [ More … ]
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