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.…
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US dollar
Egypt’s Central Bank Shuts Down 7 Forex Firms On Regulation Violation
Egypt’s Central Bank has shut down 7 foreign exchange firms due to violating the bank’s regulations on the…
Egypt Central Bank Will Retain ‘Total Independence”; Newly-Appointed Governor
Egypt’s newly-appointed central bank governor Hisham Ramez said in an exclusive interview with Al Arabiya that the…
Dollar Hits EGP 6.56 On Central Bank’s 9th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Sunday, the ninth such sale since it introduced…
Egypt’s New Central Bank Chief Says Not Worried About Currency
Egypt's newly named central bank chief sought to reassure investors on Thursday there was no need to be worried…
Egypt Names A New Central Bank Governor Amid An Economic Crunch
Egypt’s president on Thursday named a new head for the country’s central bank, after the resignation of the…
EGX 30 Ends Wednesday’s Transactions Above 5866 Pts
The Egyptian Exchange (EGX) has pared its early gains during Wednesday’s closing session to eventually reach EGP…
U.S. Dollar Hits EGP 6.51 Against Pound Driven By CBE’s Auctions
Exchange market experts said the U.S. dollar hiked during Tuesday’s trading by 3 piasters to EGP 6.4819 (buy price)…
U.S. Dollar Likely To Fall Against Pound To EGP 6; Al-Hariri
Ali Al-Hariri, Deputy of Exchange Department at the Federation of Egyptian Chambers of Commerce, said the U.S.…
Egypt Reserves Steady, Despite “Critical” Warning
Egypt's central bank said on Sunday its foreign reserves were barely changed in December, despite alarming…