Egypt Lands $2.7 Billion Currency Swap Deal With China
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Egypt Lands $2.7 Billion Currency Swap Deal With China

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Added by Headlines Africa in Egypt
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Egypt has reached a currency swap agreement with China valued at $ 2.7 B. That moves Egypt ever closer to meeting the terms required to clinch a $ 12 B loan deal with the International Monetary Fund. The deal is reportedly being processed by officials from both governments, as Yasser Hakim, now reports.

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