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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Egypt plans to repay the billion dollars to Turkey this year

    Rocky
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    Join date : 2012-12-21
    • Post n°1

    Egypt plans to repay the billion dollars to Turkey this year Empty Egypt plans to repay the billion dollars to Turkey this year

    Post by Rocky Tue 03 Jan 2017, 2:16 pm

    [ltr]Egypt plans to repay the billion dollars to Turkey this year[/ltr]

     Since 01.03.2017 at 20:30 (Baghdad time)
    [ltr]Egypt plans to repay the billion dollars to Turkey this year 24[/ltr]
    [ltr]Scales News - Follow-up[/ltr]
    [ltr]Egyptian Central Bank Governor Tarek Amer confirmed that Cairo will pay this year billion dollars, which had been borrowed from Turkey in the era of former Egyptian President Mohamed Morsi.[/ltr]

    [ltr]He revealed Amer said in an interview with the magazine "Al-Ahram" economic for foreign debts due on Egypt during 2017 include the repayment in installments of several loans, notably Turkey's billion loan, and obligations of foreign oil companies estimated at $ 3.6 billion, as well as the completion of repayment of the debt in installments Paris Club (gathering creditor nations) amounting to $ 3.5 billion.[/ltr]

    [ltr]Amer added that "it (the elimination of the black market) requires some time .. the market will adjust itself and stabilize in the coming period."[/ltr]

    [ltr]He stressed that the upper hand in the exchange markets have returned to the banks, saying they made a dollar revenues by about $ 7 billion during the period after the flotation, describing the figure as "an unprecedented record on the banking system."[/ltr]

    [ltr]Aamir felt that the flotation has saved the country from "a disaster, but otherwise the economic situation was tended to by even worse."[/ltr]

    [ltr]He said that the continuation of Amer of the US dollar after the flotation is normal due to the low dollar revenue for the country, pointing out that the solution to address the problem lies, "of course, to encourage foreign currency sources of tourism and exports and foreign investment."[/ltr]

    [ltr]The dollar rose from 8.88 pounds before the decision to float to about 18.80 pounds currently in Egyptian banks.[/ltr]

    [ltr]Egypt decided, in the November 3 last, edit pound exchange rate (floated) against foreign currencies, according to the rules of supply and demand; in order to eliminate the difference between the two rates of official and non-Alsm.anthy 29[/ltr]




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