Tag: dollar

Expected increase in price of spare vehicle parts in coming months

Prices have not yet been affected as the quantities currently in the…

Ahmed Eid

Dollar crisis casts shadow on used-car sales and supply

Used-car prices increase by 30% to 40% amid limited imports of new…

Ahmed Amer

NBE, Banque Misr issue CDs with 15% yield

The NBE and Banque Misr will issue the CDs beginning on Monday…

Hossam Mounir

Expected increase in price of computers, tech products after raising dollar price

Price rise a positive step if price fixed and dollar enabled, says…

Mohamed Alaa El-Din

Next fiscal year’s budget returned to government by parliament after partial floating of pound

Finance Ministry targets a deficit of 10.5% for the next fiscal year,…

Abdel Razek Al-Shuwekhi

CBE devalues EGP amid concerns over inflation and budget deficit increase

The decision is expected to have far-reaching repercussions on the deficit and…

Daily News Egypt

CBE raises price of US dollar to EGP 8.85

Banks will sell US dollars at EGP 8.95, up from EGP 7.83

Hossam Mounir

US dollar declines to EGP 9 in informal market

Banks await fresh dollar liquidity to be injected through exceptional CBE auction

Hossam Mounir

Amer condemns media for promoting exaggerated dollar prices in informal market

We cannot consider the process of dollar trade outside the banking sector…

Hossam Mounir

Private banks discuss protecting dollar liquidity after launch of high-interest CDs

The CBE is widely projected to raise basic interest rates by 0.5-1…

Hossam Mounir