Tag: dollar

Dollar crisis pushes Renault sales down by 73% in January, February 2016

If the currency crisis was controlled, sales would be better, says EIM…

Ahmed Amer

CBE revises mechanism of US dollar allocation

The CBE allocated $120m to banks on Tuesday to finance the import…

Hossam Mounir

Analysts expect further EGP devaluation against dollar

Analysts cannot predict the timing and percentage of devaluation

Hossam Mounir

Dollar shortage most pressing issue in Automech closure

Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles

Ahmed Amer

Dollar deposits jump 2130% following pound devaluation: Amer

Depreciating the pound is a corrective measure in response to currency market…

Mohamed Ayyad

Economists deem plan to attract $30bn in FDI by 2030 a ‘difficult venture’

Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance…

Mohamed Ayyad

EGX considers allowing Egyptian investors to obtain sale proceeds of GDR in dollar: chairman

We understand investors’ demands, coordinating with EFSA to abolish restrictions on international…

Mohamed Ahmed

CBE provides banks with $104.5m, sets US dollar price at EGP 8.78

On Tuesday, the official dollar price in banks was EGP 8.83 for…

Hossam Mounir

Djibouti ensures investors profit in dollar: central bank governor

Djibouti’s economy grew by 5% in 2013, by 5.9% in 2015, and…

Shaimaa Al-Aees

Fitch forecasts dollar to reach EGP 9 before year-end

Egypt could reach an IMF agreement if required by authorities, Fitch says

Daily News Egypt