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| Foreign currency inflows to banks reach $75B CAIRO – 4 April 2018: Foreign currency inflows to banks operating in Egypt have risen to more than $75 billion since the flotation of the Egyptian currency in November 2016, ... Egypt floated its currency in November 2016, before it clinched a $12 billion loan from the International Monetary Fund (IMF).
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| Dollar weakens vs. yen, Swiss franc on US-China trade tension The Japanese and Swiss currencies tend to appreciate in times of geopolitical and economic stress. China on Wednesday proposed tariffs on U.S. imports including soybeans, planes, cars, beef and chemicals. The Chinese plan came hours after Washington unveiled a detailed breakdown of some ...
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