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The Watch
EGP sees significant drop vs. USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EGP steady vs. USD in early trade
The Egyptian pound (EGP) remained unchanged against the US dollar (USD) in most banks as trading commenced on…
Oil down on Wednesday
Oil declined after a two-day rise as traders evaluated signs of increased US crude stockpiles, Middle East…
Sterling holds gains on Tuesday
The pound sterling held steady against the dollar on Tuesday, maintaining Monday’s gains at $1.3224, a 0.7 per cent…
EGP up vs. USD at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Indian rupee struggles amidst Fed rate expectations
The Indian rupee struggled to gain momentum on Tuesday, following a brief rally driven by the weakening US dollar…
Sudan, S. Sudan near oil pipeline restart
South Sudan and Sudan have made significant strides towards restarting the South Sudan's crude oil through a…
EGP swings against USD in early Tuesday trade
The Egyptian pound (EGP) experienced variations against the US dollar (USD) as trading opened on Tuesday, September…
Oil prices climb on Tuesday amid Hurricane concerns
Oil prices continued their upward trajectory on Tuesday due to concerns about US production disruptions caused by…
EGP closes high vs. USD on Monday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…