Saying Hello To 2013, EGX Opening Gains Hit EGP 1.6 Bln
During Wednesday’s opening session, the Egyptian Exchange (EGX) is welcoming the new year through posting gains of…
Browsing Tag
Egyptian Pound
IMF Says Welcomes Egypt’s Effort To Safeguard Reserves
The International Monetary Fund said on Monday it welcomed steps that Egypt has taken to stop a drain on its…
EGX Saying Good-Bye To 2012, Gains EGP 1.1 Bln
Ahead of New Year’s eve, the Egyptian Exchange (EGX) posted gains of EGP 1.1 billion during Monday’s closing…
Tarek Amer: FX Auctions To Give More Freedom To Egyptian Pound Pricing
Tarek Amer, Chairman of National Bank of Egypt (NBE) and President of Egypt Banks Union, has commended the new…
EGX 30 Nears 5500 Pts; Opening
During Monday’s opening session, the Egyptian Exchange (EGX) has posted gains of EGP 1.3 billion backed by foreign…
Egypt’s Prime Minister Says Govt Not To Float Currency
Egypt’s Prime Minister Hisham Kandil said the government is not planning to float the Egyptian pound amid the…
Egypt’s Central Bank: Reserves At “Critical” Level
The Central Bank of Egypt says the country's foreign currency reserves are at a "critical" minimum level. The bank…
US Dollar Hikes EGP 0.4 In Week, Differing Views On CBE’s Intervention
A number of exchange market experts asserted that the U.S. dollar has recorded an increase in a week ranging…
Cabinet Resignations Deal Setback For Egypt’s Morsi
An Islamist minister quit Egypt's government on Thursday, the second cabinet resignation this week, as President…
U.S. Dollar Hikes To Ten-Year High Against Egyptian Pound
The U.S. Dollar is trading on Thursday at the highest levels against the Egyptian Pound in almost 10 years. The…
