Money Egypt’s pound nears EGP 27 against dollar in 7 banks Yomna Yasser Jan 5, 2023 0 Egypt’s pound currency fell to EGP 26.80 for buying and EGP 26.85 for selling against the U.S. dollar during midday…
Money Egypt’s pound surpasses EGP 25 level against dollar in some banks Yomna Yasser Jan 4, 2023 0 Egypt’s pound currency dropped to exceed the EGP 25 level against the U.S. dollar during the morning trade at banks…
Money Hisham Ezz Al-Arab: Flexible currency helps Egypt absorb external shocks Yomna Yasser Dec 18, 2022 0 Flexible currency makes it easier for a country to absorb external shocks, said Egyptian veteran banker Hisham Ezz…
Feature Egypt’s pound falls to EGP 24.65 against dollar in some banks Yomna Yasser Dec 6, 2022 0 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…
Money Egypt’s PMI index at 45.4 in November amid inflationary pressure: S&P Global Yomna Yasser Dec 5, 2022 0 Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector hit the second lowest level since June 2020…
Banks Egypt’s NBE says new high-yield CDs raise 12 bln pounds in 3 days Amwal Al Ghad English Oct 30, 2022 0 The National Bank of Egypt (NBE) has raised 12 billion Egyptian pounds ($518.4 million) from its high-yielding…
Feature Egypt’s pound falls to EGP 24 against dollar in some banks Amwal Al Ghad English Oct 30, 2022 0 Egypt’s pound currency dropped by around 4 percent to EGP 24 against the U.S. dollar as trading resumed on Sunday,…
Feature Egyptian pound falling to EGP 22.35 against dollar Nada Ali Oct 27, 2022 0 The Egyptian pound is falling against the U.S. dollar on Thursday to record 22.35 Egyptian pounds for sale, while…
Money BREAKING: Egypt’s central bank liberalises pound currency Yomna Yasser Oct 27, 2022 0 Egypt’s central bank decided to liberalise the exchange rate of the Egyptian pound, sending directives to the banks…
Money Hassan Abdalla: Egypt’s central bank plans to launch currency hedged indicator Amwal Al Ghad English Oct 23, 2022 0 Egypt's central bank plans to launch a currency hedged indicator as part of a hedging mechanism to protect against…