Tag: dollar

CBE covered dollar needs worth $49bn since flotation

Dollar liquidity is directed to foreign trade financing and foreign companies' reparation…

Daily News Egypt Daily News Egypt

Falling inflation should pave way for prolonged monetary easing cycle: Capital Economics

Fuel prices need to increase by an additional 140% by 2018/19

Elsayed Solyman Elsayed Solyman

Unstable dollar price behind fluctuation in banks’ deposits, loans after flotation: CBE

Most banking indicators experience a rise and fall every month because of…

Hossam Mounir Hossam Mounir

Depreciation of customs dollar to EGP 16.25 after four month of stabilisation

Four months of stabilisation in the value of customs dollar at EGP…

Shaimaa Al-Aees Shaimaa Al-Aees

Ministry of Tourism is betting on increasing expenditure rate by year end to reach $85 per person

This spending rate is still weak compared to the other tourist destinations…

Basma Ragab Basma Ragab

Pound strengthens due to market supply and demand mechanism: Amer

The CBE governor told the president that the bank didn’t intervene to…

Daily News Egypt Daily News Egypt

Egypt foreign reserves reaches $31.305 billion in June; Pound steady

The reserves records 29% increase since the beginning of 2017

Elsayed Solyman Elsayed Solyman

Egyptian pound shows signs of correction: Beltone

Total outstanding liability to register at $7.6bn and $12.2bn in FY 2017/18…

Mohamed Samir Mohamed Samir

CBE to remove dollar deposit limits over upcoming months: IMF

The fund’s board votes on the Egyptian economy’s first review within weeks

El Husseiny Hassan El Husseiny Hassan

As raw commodity prices accelerate, food companies likely to reprice products

Milk powder prices hover around 5-years high, sugar rises 7.5% in 2…

Elsayed Solyman Elsayed Solyman