Tag: currency

China to further ease currency controls for multi-nationals in pilot

Reuters - China will expand a trial programme to make it simpler…

Daily News Egypt Daily News Egypt

Egyptian pound inches up on official, steady on black market

Reuters - The Egyptian pound was up slightly at a central bank…

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Planning minister expects 2% growth in second quarter

The government targets 3.5% growth in the current fiscal year, which ends…

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Egyptian Pound steady on official market

Reuters - The Egyptian pound was steady at official rates on Thursday,…

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

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

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Egyptian Pound strengthens at Dollar sale

Reuters - Egypt's pound gained slightly at a central bank foreign- currency sale…

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Egypt lost 3,000 of its millionaires under Morsi government: Credit Suisse

A significant drop in the number of Egyptian millionaires echoing the decline…

Sara Aggour Sara Aggour

Turkish lira at record low, threatening growth

The lira touched 2.0839 to the dollar before climbing back to 2.0696,…

Daily News Egypt Daily News Egypt

Inflation rate reaches 8.2% in May: CAPMAS

Workers in the retail sector say prices for most products have increased…

Nada Badawi Nada Badawi

Egyptian pound slumps to seven against US dollar

Egypt’s currency continues to devalue despite attempts by Central Bank to slow…

Nada Badawi Nada Badawi