Moscow, Cairo to drop US Dollar, use National Currencies in Bilateral Ties – Putin
Russia and Egypt may replace the U.S. dollar with their national currencies for settlement of accounts in bilateral…
Browsing Tag
Egyptian Pound
Egypt’s Central Bank Governor sees Currency Black Market ending “Soon”
Egypt's central bank governor Hisham Ramez said the once-flourishing currency black market "will end soon" as the…
Foreign Currencies Vs Egypt Pound – Early Wednesday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early…
Dollar to hit EGP 8 by the End of June: Emirates NDB
The Egyptian pound is expected to further weaken against the US dollar, to reach EGP 8 by the end of June, if not…
Favourable Economic Winds help Egypt As Pound depreciates to Court Investors
Egypt will likely avoid the inflationary implications of a weaker currency as the pound depreciates ahead of a much…
Foreign Currencies Vs Egypt Pound – Early Sunday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early…
Egyptian Pound Steady On Official Market, Strengthens On Black Market
The Egyptian pound was unchanged at a central bank dollar sale on Monday and strengthened on the black market. The…
Egyptian Pound Steady On Official Market, Weaker On Black Market
The Egyptian pound held steady at a central bank dollar sale on Sunday but weakened on the unofficial market. The…
CBE Expected To Allow Further Devaluation Of Egyptian Pound: HSBC
Further devaluation of Egyptian pound is expected during 2015 and 2016, according to a report issued by HSBC. This…
Egyptian Pound Steady At Official Auction, Weaker On Black Market
The Egyptian pound held steady at a central bank dollar sale on Wednesday, but weakened on the unofficial market.…