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…
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Egyptian pound floatation
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 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…
