Motivational economic reforms, legislations insufficient: Officials
The government considers with economic decisions and actions serve the foreign investor…
Bilateral Agreements with Russia: Elimination of the US dollar
By Ahmed M El-Wahsh In light of recent events and happenings across…
CBE approves tourism ministry request for currency exchange with Russia: Official
EGP devaluation against US$ pushed for request approval in order to overcome…
US ‘does not believe’ Egypt and Russia will end dollar usage
State Department spokesperson Jen Psaki says US supports nuclear power programme under…
Following deposits’ ceiling, dollar to remain stable until March summit: Officials
CBE placed ceiling deposit of $10,000 per day and $50,000 per month
Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE
Rate ranges between EGP 7.8 to EGP 8 in unofficial market.
Steel companies anxious about market fluctuations: Experts
Companies keep prices stable, waiting for economic improvements
$1 reaches EGP 7.47 on official selling market
CBE’s Monday dollar auction ended with $1 standing at EGP 7.43
Dollar to reach EGP 8 by the end of June: Emirates NDB
Depreciation can happen at a faster pace, the bank says
Pound value depreciation continues, dollar reaches EGP 7.34
Dollar’s value increases to EGP 7.38 at NBE and Banque Misr