Egitto 6.875% 30.04.2040 ISIN XS0505478684
- Creatore Discussione pietro17elettra
- Data di Inizio
pietro17elettra
Nonno pensionato
Hai provato a chiedere alla banca?
Quella in oggetto è trattata.
m.m.f
Forumer storico
Sul tlx no. O meglio, non appare piu.
gualberto
Charlie don't Surf
Egypt’s Central Bank raises interest rates by 2%, reaching highest level since 2017
Egypt’s Central Bank (CBE) raised on Wednesday the interest rates by 2 percent; reaching the highest level since July 2017.
www.egypttoday.com
المركزي المصري يرفع أسعار الفائدة 200 نقطة أساس لمواجهة التضخم المتفاقم | اقتصاد الشرق مع بلومبرغ
المركزي المصري يرفع أسعار الفائدة 200 نقطة أساس لمواجهة التضخم المتفاقم اقتصاد الشرق مع بلومبرغ
www.asharqbusiness.com
non credo ci siano news ..piuttosto una giornata da risk on
pietro17elettra
Nonno pensionato
Egypt president approves extra $5.4 bln in current budget for social care spending
Oggi 11:07 - RSF
DUBAI, March 31 (Reuters) - Egyptian President Abdel Fattah al-Sisi has approved additional budget spending of 165 billion pounds ($5.4 billion) for this fiscal year ending in June, local media reported on Friday, citing the official gazette.
The additional money was allocated for wages, subsidies and grants, and for social benefit spending, state-owned newspaper Al Ahram reported.
Egypt is facing economic repercussions from the war in Ukraine, "which added to the commitments of the state valued at about 165 billion pounds," parliament said in a statement earlier this month after it approved a draft law for the extra spending.
In particular, the country is struggling with rising costs of grain and fuel imports.
Since last March, the Egyptian pound's official exchange rate has fallen by almost half to around 30.87 pounds per dollar after Russia's invasion of Ukraine exposed vulnerabilities in the country's finances.
($1 = 30.7500 Egyptian pounds)
(Reporting by Nayera Abdallah; Editing by Hugh Lawson)
(([email protected]
)
Oggi 11:07 - RSF
DUBAI, March 31 (Reuters) - Egyptian President Abdel Fattah al-Sisi has approved additional budget spending of 165 billion pounds ($5.4 billion) for this fiscal year ending in June, local media reported on Friday, citing the official gazette.
The additional money was allocated for wages, subsidies and grants, and for social benefit spending, state-owned newspaper Al Ahram reported.
Egypt is facing economic repercussions from the war in Ukraine, "which added to the commitments of the state valued at about 165 billion pounds," parliament said in a statement earlier this month after it approved a draft law for the extra spending.
In particular, the country is struggling with rising costs of grain and fuel imports.
Since last March, the Egyptian pound's official exchange rate has fallen by almost half to around 30.87 pounds per dollar after Russia's invasion of Ukraine exposed vulnerabilities in the country's finances.
($1 = 30.7500 Egyptian pounds)
(Reporting by Nayera Abdallah; Editing by Hugh Lawson)
(([email protected]
)m.m.f
Forumer storico
Egypt president approves extra $5.4 bln in current budget for social care spending
Oggi 11:07 - RSF
DUBAI, March 31 (Reuters) - Egyptian President Abdel Fattah al-Sisi has approved additional budget spending of 165 billion pounds ($5.4 billion) for this fiscal year ending in June, local media reported on Friday, citing the official gazette.
The additional money was allocated for wages, subsidies and grants, and for social benefit spending, state-owned newspaper Al Ahram reported.
Egypt is facing economic repercussions from the war in Ukraine, "which added to the commitments of the state valued at about 165 billion pounds," parliament said in a statement earlier this month after it approved a draft law for the extra spending.
In particular, the country is struggling with rising costs of grain and fuel imports.
Since last March, the Egyptian pound's official exchange rate has fallen by almost half to around 30.87 pounds per dollar after Russia's invasion of Ukraine exposed vulnerabilities in the country's finances.
($1 = 30.7500 Egyptian pounds)
(Reporting by Nayera Abdallah; Editing by Hugh Lawson)
(([email protected]
Avanti tanto sono pieni di soldi.....
pietro17elettra
Nonno pensionato
Egypt's Sisi heads to Saudi Arabia amid financial pressure, regional realignment
02/04/2023 18:03 - RSF
CAIRO, April 2 (Reuters) - Egyptian President Abdel Fattah al-Sisi is travelling to Saudi Arabia on Sunday, according to three diplomatic sources, as Cairo continues to seek financial inflows to ease pressure on its currency and bolster a faltering economy.
Oil-rich Saudi Arabia has long provided financial support to Egypt but recently signalled it would no longer provide such backing without strings attached, which observers think may have sparked a rare media clash between the two countries.
The trip also comes amid a major diplomatic realignment in the region, with moves by Saudi Arabia and Egypt to ease tensions with Syria, Iran and Turkey.
There was no immediate official comment from Egypt or Saudi Arabia on the visit.
Saudi Arabia and its Gulf allies have repeatedly come to Egypt's help since Sisi led the ouster of Mohamed Mursi of the Muslim Brotherhood a decade ago.
When Egypt's financial difficulties were exposed and exacerbated by the fallout from the war in Ukraine last year, Saudi Arabia, the United Arab Emirates and Qatar made deposits in Egypt's central bank and pledged major new investments.
But those investments have been slow to materialise, putting new pressure on the Egyptian pound in recent weeks despite the currency losing nearly half its value against the dollar since March 2022.
Egypt signed a $3 billion rescue plan with the International Monetary Fund in December that targeted $9.7 billion in foreign direct investment in the financial year ending in June 2023.
(Reporting by Mohamed Waly, Mohamed Ahmed Hassan and Aziz El Yaakoubi Writing by Aidan Lewis; Editing by Sharon Singleton)
(([email protected]; +20-1001174410)
02/04/2023 18:03 - RSF
CAIRO, April 2 (Reuters) - Egyptian President Abdel Fattah al-Sisi is travelling to Saudi Arabia on Sunday, according to three diplomatic sources, as Cairo continues to seek financial inflows to ease pressure on its currency and bolster a faltering economy.
Oil-rich Saudi Arabia has long provided financial support to Egypt but recently signalled it would no longer provide such backing without strings attached, which observers think may have sparked a rare media clash between the two countries.
The trip also comes amid a major diplomatic realignment in the region, with moves by Saudi Arabia and Egypt to ease tensions with Syria, Iran and Turkey.
There was no immediate official comment from Egypt or Saudi Arabia on the visit.
Saudi Arabia and its Gulf allies have repeatedly come to Egypt's help since Sisi led the ouster of Mohamed Mursi of the Muslim Brotherhood a decade ago.
When Egypt's financial difficulties were exposed and exacerbated by the fallout from the war in Ukraine last year, Saudi Arabia, the United Arab Emirates and Qatar made deposits in Egypt's central bank and pledged major new investments.
But those investments have been slow to materialise, putting new pressure on the Egyptian pound in recent weeks despite the currency losing nearly half its value against the dollar since March 2022.
Egypt signed a $3 billion rescue plan with the International Monetary Fund in December that targeted $9.7 billion in foreign direct investment in the financial year ending in June 2023.
(Reporting by Mohamed Waly, Mohamed Ahmed Hassan and Aziz El Yaakoubi Writing by Aidan Lewis; Editing by Sharon Singleton)
(([email protected]; +20-1001174410
)
pietro17elettra
Nonno pensionato
Egypt's net foreign assets drop by $1.3 bln in February
02/04/2023 13:42 - RSF
CAIRO, April 2 (Reuters) - Egypt's net foreign assets (NFAs) declined by 49.8 billion Egyptian pounds in February as pressure on the currency continued to build.
The second drop in as many months took NFAs to a negative 704.23 billion Egyptian pounds from minus 654.43 billion at the end of January, central bank data showed.
That equates to a February decline of $1.31 billion using end-of-month central bank exchange rates, Reuters calculations show.
The central bank allowed the Egyptian pound's official price to depreciate against the dollar by 1.4% in February.
The official exchange rate on Sunday was 30.9, while street dealers were offering to buy dollars for 36 pounds, down from 35 last week.
NFAs, which represent banking system assets owed by non-residents minus liabilities, have helped the central bank to support Egypt's currency over the past 18 months.
Egypt's NFAs had stood at a positive 248 billion pounds in September 2021, before the decline began.
($1 = 30.7500 Egyptian pounds)
(Reporting by Patrick Werr Editing by David Goodman)
(([email protected])
02/04/2023 13:42 - RSF
CAIRO, April 2 (Reuters) - Egypt's net foreign assets (NFAs) declined by 49.8 billion Egyptian pounds in February as pressure on the currency continued to build.
The second drop in as many months took NFAs to a negative 704.23 billion Egyptian pounds from minus 654.43 billion at the end of January, central bank data showed.
That equates to a February decline of $1.31 billion using end-of-month central bank exchange rates, Reuters calculations show.
The central bank allowed the Egyptian pound's official price to depreciate against the dollar by 1.4% in February.
The official exchange rate on Sunday was 30.9, while street dealers were offering to buy dollars for 36 pounds, down from 35 last week.
NFAs, which represent banking system assets owed by non-residents minus liabilities, have helped the central bank to support Egypt's currency over the past 18 months.
Egypt's NFAs had stood at a positive 248 billion pounds in September 2021, before the decline began.
($1 = 30.7500 Egyptian pounds)
(Reporting by Patrick Werr Editing by David Goodman)
(([email protected]
)m.m.f
Forumer storico
Egypt's net foreign assets drop by $1.3 bln in February
02/04/2023 13:42 - RSF
CAIRO, April 2 (Reuters) - Egypt's net foreign assets (NFAs) declined by 49.8 billion Egyptian pounds in February as pressure on the currency continued to build.
The second drop in as many months took NFAs to a negative 704.23 billion Egyptian pounds from minus 654.43 billion at the end of January, central bank data showed.
That equates to a February decline of $1.31 billion using end-of-month central bank exchange rates, Reuters calculations show.
The central bank allowed the Egyptian pound's official price to depreciate against the dollar by 1.4% in February.
The official exchange rate on Sunday was 30.9, while street dealers were offering to buy dollars for 36 pounds, down from 35 last week.
NFAs, which represent banking system assets owed by non-residents minus liabilities, have helped the central bank to support Egypt's currency over the past 18 months.
Egypt's NFAs had stood at a positive 248 billion pounds in September 2021, before the decline began.
($1 = 30.7500 Egyptian pounds)
(Reporting by Patrick Werr Editing by David Goodman)
(([email protected]
Sempre peggio....