forex news Dollar Hits EGP 6.56 On Central Bank’s 9th Day Auction: NBE Yomna Yasser Jan 13, 2013 0 The Egyptian pound weakened at a central bank auction of dollars on Sunday, the ninth such sale since it introduced…
Banks Egypt’s New Central Bank Chief Says Not Worried About Currency Yomna Yasser Jan 11, 2013 0 Egypt's newly named central bank chief sought to reassure investors on Thursday there was no need to be worried…
Banks Egypt Names A New Central Bank Governor Amid An Economic Crunch Yomna Yasser Jan 11, 2013 0 Egypt’s president on Thursday named a new head for the country’s central bank, after the resignation of the…
EGX EGX 30 Ends Wednesday’s Transactions Above 5866 Pts Yomna Yasser Jan 9, 2013 0 The Egyptian Exchange (EGX) has pared its early gains during Wednesday’s closing session to eventually reach EGP…
forex news U.S. Dollar Hits EGP 6.51 Against Pound Driven By CBE’s Auctions Yomna Yasser Jan 8, 2013 0 Exchange market experts said the U.S. dollar hiked during Tuesday’s trading by 3 piasters to EGP 6.4819 (buy price)…
forex news U.S. Dollar Likely To Fall Against Pound To EGP 6; Al-Hariri Yomna Yasser Jan 8, 2013 0 Ali Al-Hariri, Deputy of Exchange Department at the Federation of Egyptian Chambers of Commerce, said the U.S.…
Banks Egypt Reserves Steady, Despite “Critical” Warning Yomna Yasser Jan 7, 2013 0 Egypt's central bank said on Sunday its foreign reserves were barely changed in December, despite alarming…
forex news El-Abyad: Dollar Likely To Fall To EGP 6.35 In 2 Weeks Yomna Yasser Jan 6, 2013 0 Mohamed Hassan El-Abyad - head of the Foreign Exchange Section at the Federation of Egyptian Chambers of Commerce –…
Indices news Oriental Weavers Sales To Witness Some Boost As Pound Weakens; Expert Yomna Yasser Jan 6, 2013 0 Oriental Weavers Co. – OW (ORWE.CA), which exports most of its products to the U.S., rose to the highest level in…
forex news Egyptian Pound’s Decline ‘Not End Of World’, Boosting Production Is Must Yomna Yasser Jan 3, 2013 0 The crisis is not in the jump in the U.S. dollar exchange rate against Egyptian pound but in the collapsing economy…