CBE: Volume Of Deposits In Pound, Foreign Currencies Rose
The ministerial economic group has discussed the latest developments in the local market, praising the positive…
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US Dollar Steadies At EGP 6.97 In Easter Holiday
The exchange rates of Arab and foreign currencies steadied against the Egyptian pound yesterday amid low demand…
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…
Moody’s Cuts European Sovereigns Including Italy, Spain
Moody’s Investors Service cut the debt ratings of six European countries including Italy, Spain and Portugal and…
BOE’s King Set to Give Clues on Stimulus
U.K. inflation probably weakened to a 14-month low in January, continuing a slowdown that may determine whether the…