Egypt Reappoints Central Banker as Devaluation Looms Again bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack inflows drives a deterioration in the finances of a country already struggling with its worst hard-currency shortage in years.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election Pr