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Hope For The Best: Argentines Wake Up In Default
The mood is defiant in the streets of Buenos Aires after Fitch Ratings and Moody’s Investors Service declared today Argentina in default on some bonds for the eighth time in its history. This follows Standard & Poor’s Ratings’ Services cutting its credit rating on the the South American nation’s foreign-currency sovereign debt to “selective […]
Central banks of Egypt, UAE ink bilateral currency swap Agreement
The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]
Sierra Leone opens Consular representation in Dakhla, appoints Zainab Candy as Consul General
Sierra Leone has joined the growing list of countries that have opened consulates in the Moroccan Sahara, inaugurating this Monday a Consulate General in Dakhla and installing Ms. Zainab Candy as the country’s consul general. Ms. Candy was installed in her functions by the Ambassador of the Republic of Sierra Leone in Rabat, Mr. Atumanni […]



