Pre-Trading Thoughts

A member of the IMF mission in Cairo said to local media that the mission did not discuss with the Egyptian government an extension of economic reforms schedule, during the fourth review. Adding that the mission did not decide anything regarding postponing some reforms. Remittances from Egyptians working abroad increased 65.6% y-o-y in August to hit USD 2.6 bn. Egypt reduced its imports of liquefied gas through the gasification complex at the port of Ain Sokhna, by about one third to 50...