Tag: dollar

Dollar fixed for second time after CBE’s 20 piaster devaluation

Anticipating the central bank’s next move is difficult, says banker

Hossam Mounir Hossam Mounir

Dollar devaluation against EGP to contribute in paying-off importers bills: FEI head

CBE provided $1bn from a total of $4bn to meet the requests…

Shaimaa Al-Aees Shaimaa Al-Aees

CBE intervenes to strengthen pound against dollar

Dollar fell in black market for hours until it suddenly stopped

Hossam Mounir Hossam Mounir

CBE raises EGP value against dollar by 20 piasters

The central bank will also cover 25% of the temporary credit facilities…

Hossam Mounir Hossam Mounir

Dollar crisis affects Facebook ads

Multiple increases in prices, while banks impose 3% payment fees on credit…

Daily News Egypt Daily News Egypt

Foreign exchange reserves increase $80m in October: CBE

Foreign exchange reserves at the Central Bank of Egypt (CBE) increased by…

Hossam Mounir Hossam Mounir

Dollar officially stable at EGP 8.03, experts expect it to stay fixed until end of 2015

Parallel market confusion amid the decline of the dollar in anticipation of…

Mohamed Ayyad Mohamed Ayyad

Trade balance deficit increases by 38.8% YoY in July: CAPMAS

Egypt's trade balance continues to face a deficit, despite the state announcements…

Menna Samir Menna Samir

CBE fixes dollar price against pound in first tender after Ramez’s resignation

The CBE offered a third tender to sell dollars to banks operating…

Hossam Mounir Hossam Mounir

Market awaits dollar auctions to figure out trend of dollar against pound

Fixing dollar price in two upcoming auctions will be strong indication for…

Hossam Mounir Hossam Mounir