Banque Misr raises $1.020 billion after Egypt pound float – official
Egypt’s second biggest bank, state-owned Banque Misr has collected $1.020 billion since Nov 3 local currency…
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Egyptian Pound
Faisal Islamic Bank revenues climb by 1.5 bln Egyptian pounds on currency float
Egypt’s Faisal Islamic Bank reported a rise in 2016 revenues by 1.557 billion Egyptian pounds ($83.1 million),…
Egypt’s exports rise after pound flotation move – minister
Egypt’s Minister of Industry and Trade Tarek Qabil said that the flotation of the Egyptian pound has helped promote…
Egypt’s banks allures $9 billion in inflows since pound float move
Egypt’s central bank said commercial lenders had attracted $9 billion in inflows since the country’s pound was…
Dollar vs Egyptian pound at early Saturday interbank in 23 banks
The table below demonstrates the selling and buying prices of U.S. dollar against the Egyptian pound in 23 banks…
Egypt’s December iron imports hit 170,000 tonnes
Egypt has imported around 170,000 tonnes of iron during December, Head of Chamber of Metallurgical Industries,…
Foreign investments in Egypt treasury bills rise to $10.2 bln since pound float
Foreign investments in the Egyptian treasury bills have increased to $10.2 billion since Nov.3 decision to float…
Egypt inflation seen slowdown in April – planning minister
Egypt’s inflation rate is expected to start slowdown in the fourth quarter of the current financial year, Minister…
Dollar vs Egyptian pound at early Sunday interbank in 17 banks
The table below demonstrates the selling and buying prices of U.S. dollar against the Egyptian pound in 17 banks…
IMF: Egyptian pound depreciation was ‘more than expected’
IMF mission chief for Egypt, Chris Jarvis said Wednesday that Egyptian pound had depreciated more than expected…