Latest in Tag: BOP Highlight
Latest in Tag: BOP
Egypt’s current account records $8.2bn deficit in FY 2018/19: CBE
BOP records 0.1bn deficits, oil trade balance records $8.1m surplus, FDI net inflows decrease by $1.8bn to $5.9bn
BOP overall deficit records $351.2m in July/March of FY 2018/19
The CBE revealed that the current account deficit registered $7.6bn and the capital and financial account unfolded a net inflow of $7.8bn in the reporting period.
BOP marks surplus of $12.8bn in FY 2017-2018: CBE
58.6% drop in current account deficit to $6bn, down from $14.4bn in FY 2016-2017
Balance of Payments marks surplus of $13.7bn in FY 2016/2017: CBE
Exports revenues amount to $21.7bn, imports register $57.1bn, tourism profits at $4.4bn, $4.9bn from Suez Canal
$7bn BOP surplus by end of first half of FY2016/2017: CBE
Surplus includes $5.1bn generated after flotation
Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE
The CBE said in a statement on its website on Sunday that the increase of the BOP deficit is ascribed to the increase in the current account deficit that registered $14.5bn between July 2015 and March 2016, versus $8.4bn year-on-year (y-o-y).
HC predicts decline in current account balance to 4.7% of GDP in FY 2015/2016
HC believes that the EGP needs to be depreciated to gain competitiveness in real terms among other currencies, says the report
International foreign reserves drop to $15.3bn
Egypt’s BOP recorded $410m surplus in Q1 2014/2015
1H FY 2013/2014 BOP registers $2bn surplus
The current account balance came in at $755.8m, down from $757m registered during 1Q FY 2013/2014
Egypt may receive an additional $6bn from Gulf countries: Dcode
Economic and financial consulting firm Dcode estimates that Egypt will receive additional $5.5bn-$6bn during the 2014 calendar year
Central Bank economically reflects on Egypt’s BOP
Central Bank of Egypt: current account deficit retreated by 45% to reach $ 5.6bn from $10bn