Tag: dollar

‘Begging tourists’: Grand Museum donations plan slammed

Deputy Head of Chamber of Hotels criticises Ministries of Antiquities and Tourism,…

Hend El-Behary Hend El-Behary

US dollar soars to 8.25 Egyptian pounds on black market

New rate only weeks after hitting high at official exchange rates

Daily News Egypt Daily News Egypt

Central Bank to fight foreign currency black market

Exchange market stabilises as demand for dollar retreats

Mohamed Salah Mohamed Salah

Wheat inventories sufficient for 10 months

Government officials announced that Egypt’s current overall wheat inventories will cover the…

Daily News Egypt Daily News Egypt

CAPMAS: Trade deficit jumps 28.8% year-on-year in November

Exports fell by 1.5%, while imports jumped 14.4% during the same period

Mohamed Salah Mohamed Salah

Central Bank dollar supply continues to shrink

$37.8m were sold at a forex auction which began last December at…

Mohamed Salah Mohamed Salah

Shura Council seeks national consensus on sukuk

New draft law for sukuk aims to help the Egyptian economy recover…

Daily News Egypt Daily News Egypt

Rebel Economy Wrap

Breather rather than a new equilibrium

Daily News Egypt Daily News Egypt

Price of dollar nears EGP 7 after last week’s transactions

Nears EGP 7.30 on the black market, the highest rate recorded since…

Daily News Egypt Daily News Egypt

Rebel Economy Wrap

Two former central bank governors on Egypt currency woes

Daily News Egypt Daily News Egypt