Egypt Has Yet to Present Reform Plan, IMF Says
The Egyptian government has yet to present a detailed economic reform program to the International Monetary Fund,…
Browsing Tag
Egyptian Pound
IMF Loan Before 2013, Egyptian Pound Is Safe: Finance Minister
Finance Minister Momtaz El-Said tells Ahram Online an IMF deal is close to finalisation, Egyptian pound…
Egypt’s Central Bank Leaves Benchmark Rates Unchanged
Egypt's central bank kept its benchmark interest rates unchanged on Thursday, in a move that will help the…
Egypt To Tap Global Sukuk Market After Law Enactment, IMF Loan
Egypt has received interest from foreign banks amounting to $750 million to $1 billion for a sukuk sale after it…
CBE Allocates US$ 800 Mln Monthly For Petroleum Ministry, Supply Authority
Nidal Assar, deputy governor of the Central Bank of Egypt (CBE), denied what was said about allocating a large…
Egyptian Central Bank Says Happy With Currency’s Value
The head of foreign reserves management at Egypt's central bank said on Monday he was happy with the Egyptian…
Egypt’s Pound At Fresh Lows: An Opportunity?
The Egyptian pound is trading at the lowest levels against the U.S. dollar in more than seven and a half years,…
US Dollar Up Against Egyptian Pound On Higher Demand: Forex Experts
The exchange rate of the US dollar has witnessed on Monday a massive rise against the Egyptian pound recording EGP…
US Dollar To Rise Against Egyptian Pound On Sinai Attack: Experts
The exchange rate of the US dollar has witnessed on Monday a slight rise against the Egyptian pound recording EGP…
Egyptian Pound Sets For First Weekly Gain, Dollar Bonds Rose
The Egyptian pound is headed for the first weekly gain in five after stocks climbed and on signals there won’t be a…