currency swap
Egypt plans currency swap with Russia
Business
January 24, 2017
Egypt plans currency swap with Russia
The Egyptian government is considering signing a currency swap agreement with Russia, following in the footsteps of its agreement with…
Will the Chinese yuan truly relieve Egypt’s need for US dollar?
Business
December 14, 2016
Will the Chinese yuan truly relieve Egypt’s need for US dollar?
China's yuan joined the International Monetary Fund's basket of reserve currencies in October alongside the US dollar, the euro, the…
China signs 3-yr 18 bln yuan bilateral currency swap with Egypt cenbank
Egypt
December 6, 2016
China signs 3-yr 18 bln yuan bilateral currency swap with Egypt cenbank
China's central bank has signed an 18 billion yuan ($2.62 billion) three-year bilateral currency swap with Egypt's central bank, the…
Egypt-Ukraine Council considering local currency barter
Business
November 23, 2016
Egypt-Ukraine Council considering local currency barter
The Egypt-Ukraine Business Council (the Egyptian side) is exploring reciprocal trade prospects and means of increasing exports to Ukraine in…
Egypt reaches $2.7 bn currency swap deal with China
Business
October 31, 2016
Egypt reaches $2.7 bn currency swap deal with China
Egypt has reached a currency swap agreement with China valued at $2.7 billion, according to a Central Bank of Egypt…
World Bank’s IFC plans Egypt currency swaps: CEO
Business
March 18, 2013
World Bank’s IFC plans Egypt currency swaps: CEO
The International Finance Corp plans to conduct currency swaps in Egypt to help local firms meet their foreign exchange needs,…