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Egypt’s debt instrument market gets $970mln investments

These investments in Egypt’s debt instruments reflect the robust rebound of foreign investments in the Egyptian market in 2022.
21.01.22 | Source: Zawya


 Foreign investors have injected $970 million since early January in investments in Egypt’s long-term treasury bills (T-bills), an official source at the Central Bank of Egypt (CBE) revealed.


These investments in Egypt’s debt instruments reflect the robust rebound of foreign investments in the Egyptian market in 2022.



 


Egypt’s economy has proven its ability to overcome the global monetary policy repercussions, which is positive aspect.


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