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The Watch
EGP stable against USD in early Wednesday trade
The Egyptian pound (EGP) held steady against the US dollar (USD) in early trading on Wednesday, March 12, 2025.
Sterling gains as US recession fears weigh on dollar
Sterling rose 0.4 per cent to $1.2931 on Tuesday as concerns over a US recession pushed investors away from the…
EGP rises vs. dollar at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Euro hits 4-month high, dollar weakness
The euro surged to a four-month high of $1.0920 against the dollar on Tuesday, driven by optimism that Germany will…
Indian rupee recovers from early losses as dollar weakens
The Indian rupee gained strength on Tuesday due to central bank intervention and a rise in Asian currencies, as the…
EGP holds ground vs. USD in early trade
The Egyptian pound (EGP) remained largely stable against the US dollar (USD) in early trading on Tuesday, March 11,…
Egyptian pound up against dollar at Monday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Sterling weakens on Monday, euro extends gains
The pound sterling extended losses against the euro on Monday, hovering at a one-and-a-half-month low after its…
Russia’s diesel exports drop in Feb.
Russia’s seaborne diesel and gasoil exports fell 6 per cent in February to 3.6 million metric tons due to reduced…
Oman oil price for May delivery rises
Oman oil price for May delivery reached $71.37 per barrel on Monday, marking an increase of 61 cents from Friday’s…