Dollar averages 54.33/54.43 pounds against Egyptian pound at close – 1 April, 2026
The US dollar eased slightly against the Egyptian pound in Thursday’s closing trade, holding within a narrow range…
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Egyptian pound devaluation
Dollar eases against Egyptian pound, averages EGP 53.46/53.54 – 1 April, 2026
The US dollar eased slightly against the Egyptian pound in midday trading on Wednesday, holding within a narrow…
Dollar hovers near EGP 54.71 in midday trade against Egyptian pound – 31 March, 2026
The US dollar held broadly steady against the Egyptian pound in midday trading on Tuesday, hovering around an…
US dollar averages around EGP 49.2 in Egyptian banks’ midday rates – 02 March, 2026
Major Egyptian banks quoted the following exchange rates for the Egyptian pound against the US dollar on Monday, 2…
Egypt PM dismisses rumours of IMF-recommended currency float
The Egyptian government has categorically denied recent rumors suggesting that the International Monetary Fund…
Egypt’s growth outlook cut to 4% – poll
Egypt's economic growth is expected to be lower than earlier anticipated this year, as per a Reuters poll released…
EGP averages 47.3 against USD on Thursday close
The US dollar (USD) slightly weakened against the Egyptian pound (EGP) at the end of trading on Thursday, according…
Vodacom’s profits dip 10.8% on Ethiopia startup costs
Vodacom Group reported a 10.8 per cent decline in full-year earnings on Monday, citing start-up losses in Ethiopia…
Egypt’s pound weakens to EGP 30.83 to dollar at midday
Egypt’s pound currency fell to EGP 30.78 for buying and EGP 30.83 for selling at some banks during midday trade on…
Egypt’s central bank records its first profit since 2016 pound float
Egypt’s central bank (CBE) made a profit in December for the first time since the devaluation of the local pound…
Egypt’s pound drops to EGP 30 against dollar at closing
Egypt’s pound currency has recorded EGP 30.03 against the U.S. dollar during the closing trade at banks on Monday.
Foreign investors pour $925 million into Egypt since January 11: central bank
Foreign investors have transferred more than $925 million into the Egyptian foreign exchange market in the three…
Egypt’s pound hits EGP 29.76 against dollar at closing
Egypt’s pound currency has recorded EGP 29.76 against the U.S. dollar during the closing trade at banks on…
BREAKING: Egypt’s pound hits new low against dollar, nears EGP 32
Egypt’s pound currency has plunged to an all-time low of EGP 30.90 against the U.S. dollar on Wednesday after the…
Egypt’s pound inches down to EGP 27.60 against dollar in some banks
Egypt’s pound currency inched down to EGP 27.50 against the U.S. dollar for buy and EGP 27.60 for sell at banks at…
Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
Egypt’s pound nears EGP 27 against dollar in 7 banks
Egypt’s pound currency fell to EGP 26.80 for buying and EGP 26.85 for selling against the U.S. dollar during midday…
Egypt’s pound surpasses EGP 25 level against dollar in some banks
Egypt’s pound currency dropped to exceed the EGP 25 level against the U.S. dollar during the morning trade at banks…
Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
Egypt’s pound currency is now under the forces of supply and demand since October 27 when the central bank moved to…
Hisham Ezz Al-Arab: Flexible currency helps Egypt absorb external shocks
Flexible currency makes it easier for a country to absorb external shocks, said Egyptian veteran banker Hisham Ezz…
Egypt’s pound falls to EGP 24.65 against dollar in some banks
Egypt’s pound currency fell to EGP 24.59 against the U.S. dollar for buying and EGP 24.54 for sale at banks on…
Egypt’s PMI index at 45.4 in November amid inflationary pressure: S&P Global
Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector hit the second lowest level since June 2020…
Egypt’s NBE says new high-yield CDs raise 12 bln pounds in 3 days
The National Bank of Egypt (NBE) has raised 12 billion Egyptian pounds ($518.4 million) from its high-yielding…
Egypt’s pound falls to EGP 24 against dollar in some banks
Egypt’s pound currency dropped by around 4 percent to EGP 24 against the U.S. dollar as trading resumed on Sunday,…
BREAKING: Egypt’s central bank liberalises pound currency
Egypt’s central bank decided to liberalise the exchange rate of the Egyptian pound, sending directives to the banks…
Fitch Solutions raises projections for Egypt’s GDP growth to 6.59% in 2022
Fitch Solutions has on Sunday raised its projections for Egypt’s real GDP growth in 2022 to 6.59 percent, from 6.23…
Egypt c.bank to allow new derivatives to build market for currency hedging
Egypt’s central bank will allow new currency derivatives to unlock liquidity in the local market, making available…
Egyptian pound slips to weakest against U.S. dollar since Nov. 2016
Egyptian pound weakened on Wednesday to its lowest against the U.S. dollar since its devaluation in November 2016.
Standard Chartered: Egypt, IMF to reach $6 billion loan deal before end of month
Egypt is expected to reach an agreement with the International Monetary Fund (IMF) “before the end of September”…
Dollar climbs to strongest since Dec. 2016 vs Egyptian pound
The U.S. dollar strengthened further against the Egyptian pound on Tuesday, trading at 19.07 against the Egyptian…
National Bank of Egypt raises $11 billion from high-yield certificates in 9 days
Egypt’s biggest state lender, the National Bank of Egypt (NBE) has raised 200 billion Egyptian pounds ($10.9…
Egypt’s newest savings certificates are ‘temporary’, to be deactivated soon – sources
Egypt’s new high-yield savings certificates are part of “temporary and exceptional” procedures and will not last…
Egypt’s pound depreciation to grab foreign capital outflows, allows smoother IMF path:…
Egypt’s move to depreciate its pound will arrest foreign-capital outflows and boost the nation’s chances of winning…
As pound devalues, Egypt to adjust customs dollar exchange rate to 16 per dollar
Egypt will begin setting its dollar exchange rate for customs to 16 percent as of end of April, said Minister of…
Egypt devalues pound by 10.67% to dollar
Egypt's central bank has devalued the pound by up to 10.67 percent on Monday morning to 17.42-17.52 against the…
Egypt stocks continue surge for third day on currency devaluation move
Egypt’s stock market climbed for a third straight day on Tuesday in response to the devaluation of the local…
Egypt’s central bank hikes key interest rates by 300 basis points, floats pound…
Egypt's central bank announced Thursday it had hiked interest rates by 300 basis points in a move to rebalance…
Egypt seen raising key rates to 11-year high after inflation surge
Egypt’s central bank will likely raise its key borrowing costs to the highest level in more than a decade in a bid…
Outgoing c.bank chief Ramez: Investors care about dollar availability in Egypt, not price
The Central Bank of Egypt (CBE) has just carried out another devaluation of the Egyptian Pound against the US…
Blom Egypt Sets Ezz Steel Price Target At EGP 10.27/Share, Hold Rating
Blom Egypt set, in a recent study, Ezz Steel (ESRS.CA) target price at EGP 10.27 per share with Hold recommendation…