Tag: dollar

Egyptian economy will not be affected by dollar crisis: CBE Governor

Those who reject CBE’s decisions are “unpatriotic”; Egypt is the most profitable…

Mohamed Ayyad Mohamed Ayyad

Pound devaluation supports economy, promotes tourism, foreign investment: Prime

We should increase the supply of dollars and encourage Egyptians abroad to…

Mohamed Ayyad Mohamed Ayyad

Further pound devaluation expected: Investment bank analysts

US dollar projected to strengthen to EGP 9.5, leading formal and informal…

Sara Aggour Sara Aggour

Inflationary wave hits markets after dollar value appreciates to EGP 9.15 in exchange offices

CI Capital has predicted a high average inflation rate, ranging between 11%…

Mohamed Ayyad Mohamed Ayyad

Manufacturers call for floating pound in exchange for providing dollar

The CBE’s decision will help increase exports and attract investments, says El-Sewedi

Mohamed Alaa El-Din Mohamed Alaa El-Din

CBE bans foreign currency transactions at local points of sale

According to the CBE, this decision came in light of the discount…

Hossam Mounir Hossam Mounir

Banks introduce restrictions on dollar use abroad

Banks have the right to limit dollar use, in light of the…

Hossam Mounir Hossam Mounir

Dollar exceeds EGP 9 in Egyptian informal market for first time

Devaluation of the pound is not linked to import pressures, but a…

Hossam Mounir Hossam Mounir

CBE cannot be asked to bear more than it can to solve: El-Kosayer

The CBE is not responsible for providing the dollar; it is responsible…

Hossam Mounir Hossam Mounir