Egypt stocks end week 0.89% lower on pound fresh fall in black market
Stocks in Egypt have extended the previous day’s drop lower as main index, EGX30 slid 0.89 percent, to 7436.87…
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Egyptian Pound
Now is not the time to float Egyptian pound: c.bank governor
Egypt's central bank governor stated on Wednesday that it was not the right time to talk about floating the…
Egypt central bank to keep currency stable at regular FX auction: bankers
Egypt's central bank will keep the Egyptian pound stable at 8.78 to the dollar at its weekly foreign exchange…
Devaluation surge ends, Egypt stocks slump on Monday
Egypt’s stock market pared its advance on Monday after two sessions of strong gains. Main index, EGX30 tumbled 0.15…
Why Africa’s next currency devaluation may be in Egypt: Bloomberg
Two weeks after Nigeria, Africa’s biggest economy, allowed the naira to weaken, Egypt’s central bank governor Tarek…
Egypt bans use of debit cards abroad on hard currency shortage
Egypt has ordered banks to stop clients from using their Egyptian pound account debit cards abroad, a central bank…
Egyptians rush to invest in property to counter the local currency’s slide
Investors clamour for real estate in face of Egypt’s weak currency and struggling economy When an Egyptian real…
Egypt’s annual urban consumer price inflation climbs to 12.3% in May
Egypt's annual urban consumer price inflation climbed to 12.3 percent in May from 10.3 percent in April, the…
Egyptian pound vs global currencies at early trade: NBE
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian…
Egypt stock market starts new month 3.11% lower
Egypt’s bourse, reopened after two days of public holidays, ended lower Tuesday after the local currency slipped…