Stop obsessing about Egypt exchange rate: Mohamed El-Erian
The exchange rate of the Egyptian pound has to be put in a “package” of pro-growth economic reforms, social…
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Egyptian Pound
Bankers rule out floating Egyptian currency before making official request for IMF loan
Bankers ruled out the flotation of the Egyptian pound by Egypt’s central bank before making the official request to…
Making Egyptian pound exchange price more flexible is essential: IMF
Increasing the flexibility of the Egyptian currency’s exchange price is an essential part of the government’s…
Egypt central bank keeps pound stable at Tuesday’s regular dollar sale
Egypt's central bank kept the Egyptian pound stable at 8.78 against the dollar during Tuesday's weekly auction of…
Egypt seen floating pound within hours: Beltone Financial
The Central Bank of Egypt (CBE) is likely to float the pound “within hours," considering the president's recent…
Domestic liquidity surge to 2.094 trillion Egyptian pounds in June: CBE
Egypt’s domestic liquidity surged to 2.094 trillion Egyptian pounds ($235.7 billion) by end of June this year,…
Egypt expects 10% rise in exports ‘if and when devaluation happens’: minister
Egyptian exports are expected to be boosted by 10 percent if and when the devaluation of the local currency…
KLM suspends services to Cairo, cites economic reasons
KLM announced Wednesday that it will temporarily suspend flights to and from Cairo in January, citing "economic…
Egyptian lender CIB lowers limits once again on debit cards
Egypt's largest listed bank, Commercial International Bank (CIB), has tightened limits on pound-linked debit cards…
UAE’s Egypt deposit ‘timely’, contributes to pound stability: official
The latest Emirati deposit of one billion dollars to Egypt is "timely" and contributes to the stability of the…