US dollar exchange against EGP jumps 6.8%, government banks issue 25% saving certificates
Official price of US dollar at CBE rises to EGP 26.3633 for…
CBE receives 23 offers worth $565.1m to cover dollar-denominated T-bill issuance
Proceeds of issuance to pay off previous bid that was put forward…
CBE raises interest rate by 1% in exceptional meeting, Egyptian pound declines significantly
The CBE believes in the importance of exchange rate resilience to absorb…
CBE receives 33 offers worth $1.298bn to cover US dollar-denominated T-bill issuance
The CBE launched this tender on Monday at a value of $1.05bn…
Egyptian pound appreciates 30 piasters against US dollar in 2020 despite COVID-19
Local currency is likely to see further gains against US dollar in…
After 4 years, Egypt’s exchange rate liberalisation proves its economic boon
Egypt sees $400bn in foreign exchange flows since decision enforced in November…
Dollar adds 6 pt for its value against Egyptian pound, records EGP 15.65 at end of Monday’s trading
On Monday, the official price of the dollar at the Central Bank…
Three-year anniversary of Egypt’s free floating exchange
FX reserves up by $25.618bn, exchange rate and inflation fall, and public…
Egypt to offer dollar-denominated T-Bonds, selects five lenders
The ministry said that the offering comes to exploit most of the…
EGP to increase by 3.5% reaching EGP16 per $1 by beginning of 2020: OBG
The OBG explained that it expects an increase in the EGP value…
