Egypt seeks unified dollar exchange rate in short term – PM
Egypt is seeking to unify a stable dollar exchange rate in the coming short term, Prime Minister Mostafa Madbouly…
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forex
Gold prices 16/11/2023
Gold prices continue to go up for the second day in a row, with 24 carat reaching 1,953.26 Egyptian pounds per…
Gold prices go down on 13/11/2023
Gold prices went down by 0.04 percent on Monday with 1,929.49 Egyptian Pounds per gram for 24 carat.
Dollar set for biggest monthly loss in nearly two years as outlook weakens
The dollar fell by a quarter of a percent on Wednesday, putting it on track for its biggest monthly drop in nearly…
Dollar firm on tax cut hopes, euro underpinned by rise in yields
The dollar was supported on Wednesday by expectations that the Trump administration’s tax reforms would pass…
Oil prices skyrocket as Saudi Arabia cuts ties with Qatar
Oil rose on Monday after top crude exporter Saudi Arabia and other Arab states cut diplomatic relations with Qatar,…
CBE stabilises US dollar exchange rate, confuses dollar holders once again
The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in…
Egypt is pressured to liberalise currency exchange rate
The main condition for Egypt obtaining a $12bn loan from the International Monetary Fund (IMF) was heavily…
US dollar takes a step backward by 50pst following announcement of IMF loan
The US dollar lost over 50 piastres of its value against the Egyptian pound on the informal market on Wednesday…
UK’s Pound set for longest rally in two months as May takes over
After weeks of political turmoil, a semblance of stability is returning to U.K. politics, and the pound is reaping…
