Tight monetary policy, a flexible exchange rate regime, and bank restructuring helped secure economic stability after last year’s political changeover ...
CAIRO, March 9 (Reuters) - Egyptian President Abdel Fattah al-Sisi said on Saturday that with tens of billions of dollars in new financing from the United Arab Emirates and the International Monetary ...
CAIRO (Reuters) - Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use before the 2011 uprising sent foreign investors and tourists packing ...
The term “de-dollarisation” is often used loosely, but the core aim is clear: reduce exposure to a single foreign currency, ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. It is a given in polite economic society that China should move toward a more ...
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do ...
Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their competitiveness. While the empirical literature finds mixed results about the ...