The National Bank of Egypt (NBE) and Banque Misr provided $800m during the past few days for the release of raw materials, which were stuck in ports because of hard currency
shortages, especially food commodities," he said.
October 30, 2015 (KHARTOUM) - The Sudanese authorities this week arrested several traders of hard currency
in the black market, in a bid to curb the unprecedented rise of the dollar and reduce the negative impact on food prices.
Updahyay joins HSBC's emerging markets debt portfolio management team to focus primarily on hard currency
sovereign portfolios, along with hard and local currency benchmark portfolios.
Allaq said during a press conference held by the central bank today, "A lot of hard currency
fled to supporting terrorism and corruption countries, stressing that the central bank has taken new measures.
Toyota said it would soon halt production at its only assembly plant in Venezuela because the world's largest automaker lacks hard currency
to import parts due to government controls, reports AAP (Feb.
The government subsidises the rate at which wheat importers obtain hard currency
to buy the grain from Canada and other countries, said Safwat Fanous, a University of Khartoum political scientist.
On the other hand, hard currency
purchases by the local banks fell by 2.
3bn of hard currency
the past month as it stemmed the rally of the RON.
and European sanctions against Iran's energy and banking sectors, imposed over its controversial nuclear programme, have slashed its oil revenues, which are the major source of its hard currency
He has revealed that it has been fruitful since May as the exchange firms and banks are depending on themselves to make hard currency
Summary: TEHERAN -- The Iranian government has asked its citizens not to buy dollars, in an effort to stem a rush for hard currency
that has sent the exchange rate plummetting in recent months.
com), a leading Independent Broker Dealer based in Zurich announced that its flagship strategy, the Hard Currency
Fund (HCF), reached $150 million euro in assets, after reaching $100 million just three months earlier.