MPs call for banning dollar trading outside banks, increasing customs on imports
The price of the dollar on the parallel market has neared the…
CBE Deputy Governor clarifies regulators on dollar cap increse
Officers from banking operations expressed uncertainty regarding several features of the new…
Dollar loses 10-12 piasters in black market
Agreement on exchange firms supporting CBE’s efforts to control exchange markets and…
Bank of Alexandria launches campaign to encourage exchange of dollar remittances
We are continuing in our efforts to increase foreign currency inflows and…
CBE’s decision to raise cap on dollar deposit will not mitigate liquidity pressures: Moody’s
The CBE decision included high-priority products, such as pharmaceuticals, production inputs, raw…
CBE’s decision to raise dollar deposit cap ineffective in bolstering import market: Sheha
The dollar reached EGP 8.6 on the black market
Raising dollar deposit cap is unlikely during current period, our target is to purify imports: Salman
Imports, which are not committed to international import requirements, are valued at…
Government sought to decrease $60bn bill by ‘banning luxurious products’
Around $26bn of Egyptian imports are categorised as “essential”
Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016
The dollar’s value rose from EGP 7.18 in January to EGP 7.83…
‘Euro’ and ‘dollar’ highest growing financial search terms on Google
The word “gold” makes up 40% of financial searches online