Egypt News Egypt Must Keep Economic Reforms In Line With Political Imperatives: IMF Yomna Yasser Feb 12, 2013 0 The International Monetary Fund will resume talks with Egypt over a proposed $4.8 billion loan once Cairo ensures…
Industry & Trade Trade Conditions Weaken Egypt Textiles; FT Report Administrator Feb 12, 2013 0 The slide in the value of the Egyptian pound since December is good news for the textile industry, but its impact…
forex news Dollar Remains With Change At EGP 6.74 On Not Offering FX Auctions Yomna Yasser Feb 10, 2013 0 As Egypt’s Central Bank has not offered its 20th FX auction, the exchange rate of the U.S. dollar has remained with…
forex news EFG-Hermes Downgrades USD-EGP Forecasts To EGP 7.75 By June Yomna Yasser Feb 6, 2013 0 In a report issued on Wednesday, EFG-Hermes (HRHO.CA) has downgraded its forecast for the official USD-EGP exchange…
forex news Dollar Falls To EGP6.73 Amid Expectations To Replace FX Auctions Mechanism: NBE Yomna Yasser Feb 4, 2013 0 As Hisham Ramez has officially become the new Governor of Egyptian Central Bank, the U.S. dollar has dropped…
forex news Dollar Ends Week EGP 0.3 Higher, Hits EGP 6.81 On 16th Auction Yomna Yasser Jan 31, 2013 0 On Thursday, the U.S. dollar's exchange rate against the Egyptian pound has reached EGP 6.7174 (buy price) and EGP…
forex news Dollar Continues To Play Cat & Mouse Game With Egypt’s C. Bank Yomna Yasser Jan 29, 2013 0 Playing a game of ‘cat and mouse’ is what exactly the Egyptian Central Bank and the U.S. dollar are doing nowadays.…
forex news U.S. Dollar Hits EGP 6.75 On Central Bank’s 14th FX Auction Yomna Yasser Jan 27, 2013 0 The U.S. dollar’s exchange rate against the Egyptian pound has hit on Sunday EGP 6.65 (buy price) and EGP 6.75…
Banks Egypt’s Central Bank Shuts Down 7 Forex Firms On Regulation Violation Yomna Yasser Jan 23, 2013 0 Egypt’s Central Bank has shut down 7 foreign exchange firms due to violating the bank’s regulations on the…
forex news US Dollar Hits EGP 6.71 On Central Bank’s 12th Auction Yomna Yasser Jan 20, 2013 0 The U.S. dollar’s exchange rate against the Egyptian pound has hit on Sunday EGP 6.62 (buy price) and EGP 6.7169…