Egypt PM dismisses rumours of IMF-recommended currency float
The Egyptian government has categorically denied recent rumors suggesting that the International Monetary Fund…
Browsing Tag
Egyptian pound floatation
Egypt’s top FX firms collect EGP 11.9b after flotation decision
The exchange firms associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have collected…
Egypt FX firms’ revenues hit EGP 4.18b since flotation
Following the recent decisions by the Central Bank of Egypt, the foreign exchange companies of the three largest…
Egypt’s major FX firms collect EGP 3.5b since flotation
Egypt’s Al Ahly and Misr exchange firms have collected 3.544 billion Egyptian pounds in Arab and foreign currencies…
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…
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…
