Egypt Likely Not To Receive IMF Loan; Says Former Official
Dr. Fakhry El-Feky, former assistant to the executive director of the International Monetary Fund (IMF), has ruled…
Browsing Tag
Egypt’s central bank
Dollar Inches EGP 0.1 Higher On Central Bank’s 21st FX Auction
As Egypt’s Central Bank has offered its 21st FX auction, the U.S. dollar’s exchange rate for Wednesday rose to EGP…
US Dollar Stable At EGP 6.74 On Not Offering FX Auctions
As Egypt’s Central Bank has not offered its 21st FX auction, the exchange rate of the U.S. dollar has witnessed…
Dollar Remains With Change At EGP 6.74 On Not Offering FX Auctions
As Egypt’s Central Bank has not offered its 20th FX auction, the exchange rate of the U.S. dollar has remained with…
Dollar Ups To EGP 6.74 On Central Bank’s 18th FX Auction
As Egypt’s Central Bank has offered its 18th FX auction and the second since the new governor hold office, the…
Dollar Falls To EGP6.73 Amid Expectations To Replace FX Auctions Mechanism: NBE
As Hisham Ramez has officially become the new Governor of Egyptian Central Bank, the U.S. dollar has dropped…
Egypt’s Central Bank Agrees To Sell Both BNP Paribas And NSGB
An official involved in the BNP Paribas deal stated that the CBE had agreed in a meeting with its Board of…
Dollar Ends Week EGP 0.3 Higher, Hits EGP 6.81 On 16th Auction
On Thursday, the U.S. dollar's exchange rate against the Egyptian pound has reached EGP 6.7174 (buy price) and EGP…
Egypt’s Central Bank Shuts Down 7 Forex Firms On Regulation Violation
Egypt’s Central Bank has shut down 7 foreign exchange firms due to violating the bank’s regulations on the…
US Dollar Inches EGP 0.33 Higher Since CBE’s FX Auctions Launched
The exchange rate of the U.S. dollar has closed at EGP 6.63 (buy price) and EGP 6.70 (sell price) against the…
