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The Watch
EGP closes at 47.11 against USD on Tuesday
The Central Bank of Egypt (CBE) reported the closing rates for the US dollar against the Egyptian pound on Tuesday.
Egypt’s gold prices surge on mid-Tuesday
Egypt’s 24-carat gold prices reached EGP 3520.0 per gram for selling and EGP 3497.25 for buying, at 12:00 pm…
Pound near 4-month low as BOE rate cuts loom
The pound fell towards $1.25, a level not seen since December, as traders bet on the Bank of England (BOE) making…
Oil surges to 5m peak in early Tuesday trade
Oil surged to a fresh five-month peak, propelled by escalating geopolitical tensions in the Middle East and reduced…
EGP nudges down against USD at market opening on Tuesday
The exchange rate of the US dollar against the Egyptian pound saw a decrease at the market open on Tuesday, April…
Egypt’s gold prices rise on mid-Monday
Egypt’s 24-carat gold prices reached EGP 3571.5 per gram for selling and EGP 3514.25 for buying, at 12:00 pm…
Indonesia’s annual inflation hits 3.05% in March
Indonesia's annual inflation rate in March rose to 3.05 per cent, the highest since August 2023, driven by…
April opens with stable EGP-USD exchange
The exchange rate of the Egyptian pound to the US dollar remained steady at the market open on Monday, April 1,…
USD maintains calm streak with EGP
The Central Bank of Egypt (CBE) reported minimal fluctuation in the average exchange rates of the US dollar (USD)…
Sunday market opens with EGP steady against USD
The value of the Egyptian pound against the US dollar remained unchanged from the previous day at the market open…