Tag: currency

Egyptian pound continues value upward trend against US dollar

US currency lost over EGP 1 since beginning of 2019, including 34…

Hossam Mounir Hossam Mounir

EU fines major banks 1 billion euros over 'currency cartels'

Regulators in the European Union have levied a hefty fine on Barclays,…

Deutsche Welle Deutsche Welle

There is bullish case for the Egyptian eurobond market, but risks have not gone away

we expect Egypt to continue to tap the eurobond market annually, including…

Gregory Smith Gregory Smith

Foreign exchange sources remain cornerstone of Egyptian economy in 2019

Attracting more FDIs, boosting exports, main recommendations, say experts

Hagar Omran Hagar Omran

IFC plans to increase local currency financing in Egypt

Corporation aims to invest up to $1bn in FY 2018/19, says Labadi

Shaimaa Al-Aees Shaimaa Al-Aees

Issued currency up EGP 17bn

Total currency issued by the Central Bank of Egypt (CBE) amounted to…

Daily News Egypt Daily News Egypt

One year after Egypt floated its currency, foreign investors are back to local stock market

EGX30 sours 63% in a year as cheap stocks attract attention from…

Elsayed Solyman Elsayed Solyman

Egyptian businesses feel squeeze after currency flotation: report

The Egyptian private sector is feeling the squeeze after the currency flotation…

Daily News Egypt Daily News Egypt

Small currency, big worries: Iceland’s volatile króna

What happens when a small country with its own currency has to…

Deutsche Welle Deutsche Welle

Egyptian pound devaluation could cause heavy losses for customers with open currency position  

Importers of medicines and commodities priced upon the US dollar’s official rate…

Hossam Mounir Hossam Mounir