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Egypt: Central bank holds special auction

April 15, 2013 Geraldine Boechat 0

The obligation to provide basic imported commodities has forced the Egyptian central bank to auction $600 million. Despite such an amount, foreign exchange dealers believe […]

Egypt’s foreign currency reserves going down

February 11, 2013 Steven Addamah 0

Egypt is on the verge of running out of dollars as a run on its pound has left foreign currency in short supply and driven […]

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  • US accuses Wagner group of supplying surface-to-air missiles to Sudan’s RSF militia
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