Egypt’s Pound Strengthens at Thursday’s Central Bank Sale
The Egyptian pound strengthened at a central bank sale of foreign exchange on Thursday, for the fourth time since…
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Egypt’s pound
Egypt’s Pound Set To Sag Further Against The Dollar: Reuters Poll
Egypt's pound will depreciate steadily against the dollar over the next 12 months, undermined by political and…
Egypt Pound Hits Record Low After Forex Auction
Egypt's pound weakened to a record low against the dollar in interbank trade after a foreign currency sale on…
CBE Reduces Number Of FX Auctions To Three A Week
The Central Bank of Egypt (CBE) decided to reduce the number of FX auctions to three auctions this week as it…
Qatar Offers Egypt $2.5 Bln To Prop Up Pound
Qatar threw Egypt an economic lifeline on Tuesday, announcing it had lent the country another $2 billion and…
Analysis: Egypt’s Currency Crisis Hinges on Household Dollars
The key to preventing a messy devaluation of Egypt's pound may lie with the country's households, whose dollar…
Egypt’s Pound Falls Half A Percent At Sunday FX Auction
Egypt's pound slid by half a percent on Sunday at the central bank's fifth auction of foreign currency, with all…
El-Atreby Denies Egypt’s Foreign Reserves Usage In Pound Value Maintenance
Mohamed El-Atreby, chairman of Egyptian Arab land Bank (EALB) and member of the Federation of Egyptian Banks,…
Egypt Pound’s Decline Slows At 4th Auction
Egypt's pound slid further on Thursday at the central bank's fourth auction of foreign currency and hit a new…
Egyptian Pound Falls To Eight-Year Low After S&P Rating Cut
Currency loses 0.1% to 6.1785 at 12:03pm in Cairo, heading for lowest close since Dec. 2008, according to prices…
