What will Egypt’s flexible exchange rate look like? – Reuters
Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use…
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Egyptian Pound
Egypt stock market 1.94% up in post-devaluation rally
Egypt’s stock market continued to rally Tuesday posting gains worth 7.1 billion Egyptian pounds ($793.5 million)…
Egypt central bank holds pound steady at 8.85 per USD at special auction
Egypt's central bank will hold the Egyptian currency steady at 8.85 pounds per dollar at an exceptional foreign…
Economists hail Egyptian Pound devaluation, flexible exchange rate
Economists and bankers have welcomed the Central Bank of Egypt's decision to adopt a more flexible exchange rate…
Egypt main index hits highest since July 2013 after currency devaluation
Egypt’s main index, EGX30 touched its highest since July 2013 following the central bank's move to partially…
Arab, foreign currencies record jump against Egyptian pound
Arab and foreign currencies have soared against the Egyptian pound on Tuesday following a decision adopted by…
Egypt central bank partially devalues Egyptian pound to 8.85 per dollar
Egypt's central bank has partially depreciated the Egyptian pound to 8.85 per dollar from 7.73 in an exceptional…
Egypt black-market pound climbs despite central bank’s FX bid
Egyptian pound weakened to a record Sunday despite the central bank’s $500 million exceptional foreign exchange…
BoA Merrill Lynch holds Egypt at ‘Marketweight’
Bank of America Merrill Lynch said Sunday it would hold Egypt at Marketweight as lower oil prices ease fiscal…
Egypt’s foreign reserves climb to $16.5 billion in February
Egypt’s foreign currency reserves have surged by $56 million in February for the fifth consecutive month, to reach…