HC: As Egypt was trying to recover from the latter financial crisis through different stimulus packages, the Central Bank is now focusing on dealing with inflation, as the money supply increased lately and prices of commodities are continuously rising. The unwinding of the carry trade between the EGP and the USD on the back of the US economy is posing further pressures on inflation in the country.
To download the report, HC Brokerage - Egypt - 23 Dec 09
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