Tag: black market

Dollar value rises to EGP 7.19, further 5% devaluation expected

Government faces pressure to combat black market before the March Economic Summit

Sara Aggour Sara Aggour

Subsidised fertiliser crisis result of production issues and poor distribution

Companies in free investment zones must export all products, no need to…

Daily News Egypt Daily News Egypt

Forex policies successful, could eliminate black market: Egypt Central Bank governor

Rates at which banks are allowed to trade dollars are determined by…

Daily News Egypt Daily News Egypt

Egyptian pound weakens at C.Bank dollar sale, on black market

Reuters - The Egyptian pound weakened at a central bank dollar auction…

Daily News Egypt Daily News Egypt

Explosion in Sohag kills 10, injures 37

Blast was in house used to store black market diesel and gas

AbdelHalim H. AbdAllah AbdelHalim H. AbdAllah

Egyptian Pound flat in official and black market trade

Reuters - The Egyptian pound was steady at a central bank foreign…

Daily News Egypt Daily News Egypt

Black market revenues of petroleum products total EGP 30bn

Former petroleum minister discusses issue in a meeting with the government

Sara Aggour Sara Aggour

Egyptian Pound strengthens fractionally, unchanged on black market

Reuters - The Egyptian pound strengthened fractionally at a central bank currency…

Daily News Egypt Daily News Egypt

Egyptian pound down at Forex sale for second time in two days

Two market participants said the dollar was offered for 7.42 pounds in…

Daily News Egypt Daily News Egypt

Central Bank chief: Currency black market won’t last long

The central bank introduced dollar sales last December to help counter a…

Daily News Egypt Daily News Egypt