Egypt Gap in Bank Foreign Buffers Turns to $14.3 Billion Surplus

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 50%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Egypt patched up a key vulnerability of its finances after a mega investment deal paid out, bringing the net foreign assets of its lenders and the central bank into surplus for the first time since early 2022.

Bohai Leasing in Talks for at Least $1 Billion Private LoanSouth Africa Nears Completion of New Government; Rand RalliesFed Pivot Seen Boosting India’s Yield Advantage Over EM PeersOil Stuck in Tightest Trading Range Since 2021 Ahead of US DataJapan’s Benchmark Topix Stock Index Is Heading for 1990 HighYen Falls Through 161 Per Dollar as Intervention Wagers IncreaseJapan Names New Currency Czar as Yen Continues Its Slide, Nikkei ReportsAlumis Raises $250 Million in Downsized IPO, Private...

Coli Levels to Mar UK’s 189-Year-Old Rowing RegattaChina Expels Former Defense Minister from Party on CorruptionSam Altman-Backed Rain AI Hires Apple Chip Vet to Lead HardwareThe List of Money Managers Dumping Oil Stocks Just Got LongerBank of Canada's cutting cycle a 'big tailwind for Canadians': economistThe Daily Chase: WestJet strike looms as mechanic talks break down againCanada inflation quickens to 2.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Egypt’s UAE Megadeal Sends Foreign Reserves Soaring to RecordEgypt’s net foreign-exchange reserves climbed to an all-time high following a landmark deal with the United Arab Emirates that’s been dubbed the North African country’s biggest-ever inward investment.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

US bank regulators find flaws in four big-bank living willsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Canadian Western Bank shares soar after announcing deal with National BankThe deal was announced after the close of trading on Tuesday.
Source: GlobalCalgary - 🏆 50. / 61 Read more »