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3 Firms Await Egypt’s Parliament Return To Obtain Franchises; Official Says
Dr. Mosaad Hashim, the chairman of Egyptian Mineral Resources Authority (EMRA), asserted that there are 3 firms…
Dollar Inches EGP 0.1 Higher On Central Bank’s 21st FX Auction
As Egypt’s Central Bank has offered its 21st FX auction, the U.S. dollar’s exchange rate for Wednesday rose to EGP…
US Dollar Stable At EGP 6.74 On Not Offering FX Auctions
As Egypt’s Central Bank has not offered its 21st FX auction, the exchange rate of the U.S. dollar has witnessed…
Dollar Remains With Change At EGP 6.74 On Not Offering FX Auctions
As Egypt’s Central Bank has not offered its 20th FX auction, the exchange rate of the U.S. dollar has remained with…
Dollar Ups To EGP 6.74 On Central Bank’s 18th FX Auction
As Egypt’s Central Bank has offered its 18th FX auction and the second since the new governor hold office, the…
EFG-Hermes Downgrades USD-EGP Forecasts To EGP 7.75 By June
In a report issued on Wednesday, EFG-Hermes (HRHO.CA) has downgraded its forecast for the official USD-EGP exchange…
Dollar Falls To EGP6.73 Amid Expectations To Replace FX Auctions Mechanism: NBE
As Hisham Ramez has officially become the new Governor of Egyptian Central Bank, the U.S. dollar has dropped…
Dollar Ends Week EGP 0.3 Higher, Hits EGP 6.81 On 16th Auction
On Thursday, the U.S. dollar's exchange rate against the Egyptian pound has reached EGP 6.7174 (buy price) and EGP…
Dollar Continues To Play Cat & Mouse Game With Egypt’s C. Bank
Playing a game of ‘cat and mouse’ is what exactly the Egyptian Central Bank and the U.S. dollar are doing nowadays.…
U.S. Dollar Hits EGP 6.75 On Central Bank’s 14th FX Auction
The U.S. dollar’s exchange rate against the Egyptian pound has hit on Sunday EGP 6.65 (buy price) and EGP 6.75…
