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    Men’s U-19 cricket team preps for world cup qualifiers

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    BoBA is Grateful to Debswana for Increased Sponsorship – Sec Gen

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      Men’s U-19 cricket team preps for world cup qualifiers

      Botswana Cricket Gears Up for Int’l Tournaments

      ‘Amos did not communicate with us on his intention to go solo’- BAA

      Doping Cases Surge in Botswana Athletics 

      BoBA readies Team for African Champs

      Debswana’s Exemplary Sponsorship Elevates Botswana Sports

      The Abilities of Coach Dose Speak for Themselves 

      The Abilities of Coach Dose Speak for Themselves 

      BoBA is Grateful to Debswana for Increased Sponsorship – Sec Gen

      BoBA is Grateful to Debswana for Increased Sponsorship – Sec Gen

      Tebogo’s Move to US on Hold

      De Grasse Labels Tebogo a Threat in the World of Athletics 

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      Egypt’s foreign currency gap narrows to US$400m

      mm by RMB Africa Research
      August 15, 2022
      in News
      Reading Time: 1 min read
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      Egypt’s foreign currency gap narrows to US$400m
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      Central Bank of Egypt (CBE) Deputy Governor Gamal Negm reported that Egypt’s foreign currency gap had narrowed sharply to US$400m in July from US$3.9bn in February. Negm noted that the foreign currency gap, the difference between the country’s foreign currency needs and its current holdings, had narrowed last month due to the CBE’s decisions regarding “import regulation“. Negm also ruled out any considerable devaluation of the local currency soon. In recent weeks, a greater flexibility in the Egyptian pound has emerged as an issue for Egyptian authorities who are seeking to secure a new loan from the International Monetary Fund. The pound remains overvalued on a real effective exchange rate basis, and the IMF recently said that “greater exchange rate variability during the SBA could have been entrenched to avoid a buildup of external imbalances and facilitate adjustment to shocks.“

      Tags: Central Bank of Egypt (CBE)Gamal NegmInternational Monetary Fund

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