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The Watch
Decline Of Egyptian Pound Vs. USD Transient – Spokesman
Egyptian Presidential Spokesman Dr. Yasser Ali said Tuesday the decline of the EGP versus the USD, though…
Egyptian Passenger Car Market Increased 32 % Year-On-Year In November; GB Auto
GB Auto (AUTO.CA) Egyptian Passenger Car Market Brief for November 2012 revealed that, overall sales in the…
Dollar, Yen Drop Sharply On Fiscal-Cliff Deal
The dollar and Japanese yen fell sharply as the euro rallied early Wednesday after the House of Representatives…
Gold Moves Higher As Dollar Falls On Cliff Deal
Gold prices moved higher on Wednesday after U.S. lawmakers managed to push through a budget deal a day prior, thus…
Egypt’s Morsi Sees Pound Stabilizing “Within Days”
Egypt's president held out hope that a weakening pound could stabilize within days under a new regime implemented…
Tarek Amer: FX Auctions To Give More Freedom To Egyptian Pound Pricing
Tarek Amer, Chairman of National Bank of Egypt (NBE) and President of Egypt Banks Union, has commended the new…
Egypt’s Prime Minister Says Govt Not To Float Currency
Egypt’s Prime Minister Hisham Kandil said the government is not planning to float the Egyptian pound amid the…
US Dollar Hikes EGP 0.4 In Week, Differing Views On CBE’s Intervention
A number of exchange market experts asserted that the U.S. dollar has recorded an increase in a week ranging…
Gold Futures Ease Ahead Of Fiscal-Cliff Talks
Gold futures weakened Friday, with investors preparing for the possibility of higher taxes next year as U.S.…
Dollar Moves Up As Investors Watch Fiscal Talks
The dollar pushed slightly higher across the board Friday as markets nervously considered U.S. lawmakers’…