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…
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egyptian pound flotation
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,…
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.
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…
Egypt’s pound at 18.42 – 18.45 against U.S. dollar
Egypt’s pound currency has eased by 10 piasters to the U.S. dollar in midday interbank dealings on Wednesday.
Banque Misr raises $900 million since Egyptian pound float move – official
Egypt’s second biggest bank, state-owned Banque Misr has collected $900 million since Nov.3 decision to freely…
Egypt’s NBE bank: new high-yield deposit certificates attract 61,000 new clients
The National Bank of Egypt’s high-yielding certificates of deposits, launched following Nov.3 currency floatation,…
AfDB 2023