Browsing Category
forex news
US Dollar Hits EGP 6.71 On Central Bank’s 12th Auction
The U.S. dollar’s exchange rate against the Egyptian pound has hit on Sunday EGP 6.62 (buy price) and EGP 6.7169…
US Dollar Inches EGP 0.33 Higher Since CBE’s FX Auctions Launched
The exchange rate of the U.S. dollar has closed at EGP 6.63 (buy price) and EGP 6.70 (sell price) against the…
Egypt Discovers Oil, Gas In Western Desert, Ministry Says
Egypt’s state-run General Petroleum Company made an oil and natural gas discovery in the Western Desert and plans…
Dollar Hits EGP 6.56 On Central Bank’s 9th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Sunday, the ninth such sale since it introduced…
Dollar Hits EGP 6.54 On CBE’s 8th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Thursday, the eighth such sale since it…
Centamin Gains Most In Three Weeks In London On Gold Production
Centamin Plc (CEY), a miner of gold in Egypt, rose the most in more than three weeks in London trading after…
U.S. Dollar Hits EGP 6.51 Against Pound Driven By CBE’s Auctions
Exchange market experts said the U.S. dollar hiked during Tuesday’s trading by 3 piasters to EGP 6.4819 (buy price)…
Analysis: Egypt’s Currency Crisis Hinges on Household Dollars
The key to preventing a messy devaluation of Egypt's pound may lie with the country's households, whose dollar…
U.S. Dollar Likely To Fall Against Pound To EGP 6; Al-Hariri
Ali Al-Hariri, Deputy of Exchange Department at the Federation of Egyptian Chambers of Commerce, said the U.S.…
Egypt’s Pound Falls Half A Percent At Sunday FX Auction
Egypt's pound slid by half a percent on Sunday at the central bank's fifth auction of foreign currency, with all…
