Egypt Central Bank sees pound’s real exchange rate appreciating
Egypt’s improved competitiveness after November 3 floating of the currency is unlikely to be negatively affected by…
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pound
Dollar rises to 9-day high, buoyed by euro weakness
The dollar edged up to a nine-day high against a basket of currencies on Thursday, with the euro sagging as the…
Dollar prices up from 4 months-low vs. yen
Dollar prices edged up from four-month lows against the yen on Thursday, but gains were capped by U.S. President…
Euro firms to 1 month-highs, dollar drifts
The euro firmed to one month-highs against the dollar in Asian trading on Monday, after some European Central Bank…
Dollar prices drift, await Trump’s stimulus schemes
U.S. dollar drifted on Tuesday, with its earlier advance halted by investors taking a wait and see approach ahead…
Dollar edges back towards 14-year peak as US debt yields rise
The dollar moved back towards a 14-year peak on Wednesday as U.S. debt yields resumed climbing, giving a lift…
Egypt offers rate relief to firms hit by pound float
Egyptian companies unable to repay US-dollar denominated debts after the devaluation of the pound will be allowed…
Electrolux Egypt: prices increased by 20-25% amid floating pound
Electrolux Egypt increased the prices of its products by 20-25 percent after the move of the Egyptian government to…
Pound flotation hinders calculation of artefact cost in Grand Egyptian Museum
The cost of designing the displays for the Grand Egyptian Museum project has not been yet calculated due to the…
Nissan: floating Egyptian pound decision to raise auto manufacturing cost
The movement of Egypt's government to liberalise exchange rate system would cause financial losses for original…
