CBE Decreases Issuance Of Weekly FX Auctions
The Central Bank of Egypt (CBE) sold $300m Thursday, instead of the usual $40m, at a regular FX auction to cover…
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FX Auctions
US Dollar Slightly Falls on Sunday’s Egypt Central Bank Sale
The US dollar’s exchange rate against Egyptian pound slightly went lower on Monday at the official market to EGP…
CBE Offers $ 40 Mln FX Auction For Local Banks
The Central Bank of Egypt (CBE) has offered today FX Auction worth $ 40 million for local banks at its 81…
CBE Offers Its First FX Auctions With $40 Mln This Week
The Central Bank of Egypt has offered US $ 40 million auction to the local banks today at its 80 foreign exchange…
Egypt C.Bank Offers $40 Mln FX Auctions For Local Banks
The Central Bank of Egypt (CBE) has offered US$ 40 million to the local banks at its 79th foreign exchange auction…
Egypt’s Central Bank Offers US$ 40 Mln at FX Auction Today
Central Bank of Egypt (CBE) has offered on Monday US$ 40 million to local banks at its 66th auction and the 48th…
Egypt Central Bank Offers US$ 40 Mln At FX Auction
Central Bank of Egypt has offered on Monday US$ 40 million to local banks at its 63th auction and CBE’s 47th one…
US Dollar Knocking On Doors Of EGP 7
The US currency has set all-time record against the Egyptian pound on Monday, nearing 7 Egyptian pounds level in…
US Dollar Inches Higher On Egyptian Central Bank’s 55th FX Auction
The US dollar’s price against the Egyptian pound increased by a half piaster on Thursday in banks to reach EGP…
US Dollar Climbs Against Egypt Pound 2.27% In April
In April, the US dollar’s price surged against the Egyptian pound in banks and forex firms by 2.27% to hit EGP…
US Dollar Rises Against Egypt Pound, Hits EGP 6.94 In Banks
The US dollar’s exchange rate in banks against the Egyptian pound rose by one piaster and half on Monday to EGP…
Egypt Central Offers Banks US$40 Mln At FX Auction
The Central Bank of Egypt (CBE) has offered its last offering for this week US$ 40 million to local banks on…
Egypt Offers Banks US$40 Million At FX Auction
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Wednesday at its 48th FX Auction and…
US Dollar Falls To EGP 7.30 In Black Market
During the morning trading, the US dollar’s exchange rate has steadied against the Egyptian pound at EGP 6.88 for…
US Dollar Hits 10-Year High Against Egypt Pound In Week
The trading on the US dollar has ended last week reporting a 10-year high against the Egyptian pound to reach EGP…
US Dollar Soars To EGP 6.90, Yen Falls: NBE
On Thursday, the US dollar’s exchange rate against the Egyptian pound has surged to EGP 6.8711 for buying and EGP…
US Dollar Ups Against Egypt Pound, Euro Falls 0.2%
The US dollar’s price against the Egyptian pound has put up on Thursday to EGP 6.803 (buy price) and EGP 6.8331…
Dollar Ups 0.01% Against Egypt Pound, Kuwaiti Dinar Falls
On Monday, the exchange rates of the US dollar, euro and Swiss franc have slightly surged against Egypt pound. The…
Dollar Ups Against Egypt Pound In Week, Nears EGP 6.83
By the end of the last week trading, the US dollar has reached EGP 6.798 (buy price) and EGP 6.8281 (sell price),…
Dollar Ups Against Egypt Pound, Euro Falls
The US dollar’s price against the Egyptian pound has put up on Wednesday to EGP 6.7938 (buy price) and EGP 6.8239…
Egypt Pound Steadies Against Dollar, Falls Against Euro, Saudi Riyal
The US dollar’s price against the Egyptian pound has steadied on Tuesday at EGP 6.7893 (buy price) and EGP 6.8194…
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…
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…
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…
Dollar Continues To Play Cat & Mouse Game With Egypt’s C. Bank
Playing a game of ‘cat and mouse’ is what exactly the Egyptian Central Bank and the U.S. dollar are doing nowadays.…
U.S. Dollar Hits EGP 6.75 On Central Bank’s 14th FX Auction
The U.S. dollar’s exchange rate against the Egyptian pound has hit on Sunday EGP 6.65 (buy price) and EGP 6.75…
US Dollar Hits EGP 6.71 On Central Bank’s 12th Auction
The U.S. dollar’s exchange rate against the Egyptian pound has hit on Sunday EGP 6.62 (buy price) and EGP 6.7169…
Dollar Hits EGP 6.54 On CBE’s 8th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Thursday, the eighth such sale since it…
Egypt Reserves Steady, Despite “Critical” Warning
Egypt's central bank said on Sunday its foreign reserves were barely changed in December, despite alarming…
Oriental Weavers Sales To Witness Some Boost As Pound Weakens; Expert
Oriental Weavers Co. – OW (ORWE.CA), which exports most of its products to the U.S., rose to the highest level in…
Fitch Says Egypt’s New FX Regime Positive Step In Tough Circumstances
Fitch Ratings stated in a report issued on Thursday that Egypt's new exchange rate regime has brought greater…
Banque Du Caire Withdrew US$60 Mln From Switzerland To Meet Dollar Demand
Mohamed Taha, deputy chairman of Banque Du Caire, affirmed that the bank has strong dollar liquidity and can…
IMF Says Welcomes Egypt’s Effort To Safeguard Reserves
The International Monetary Fund said on Monday it welcomed steps that Egypt has taken to stop a drain on its…
Tarek Amer: FX Auctions To Give More Freedom To Egyptian Pound Pricing
Tarek Amer, Chairman of National Bank of Egypt (NBE) and President of Egypt Banks Union, has commended the new…