Tag: dollar

Dollar continues decline, expected to stand at ​EGP​ 16 in short term

The price of the pound against the dollar will reach equilibrium in…

Hossam Mounir Hossam Mounir

Does EGP improvement reflect real economic recovery?

A strong economy with a weak currency is better than a weak…

Mohamed Ayyad Mohamed Ayyad

Banks experiencing significant disposal operations of foreign currency; dollar registers lowest level since November 2016

Significant decline in Arab and foreign currencies traded in domestic market due…

Hossam Mounir Hossam Mounir

Sales of pharmaceutical companies increase by EGP 10bn, growing by 31%

Factories’ revenues amounted to EGP 5bn in November, despite calls for raising…

Mostafa Fahmy Mostafa Fahmy

Egyptian pound’s value drops by 98% since 1979

According to data collected from the International Monetary Fund (IMF), Bloomberg, and…

Hisham Salah Hisham Salah

Egypt’s treasury bonds: high interest, but for what?

The government of President Abdel Fattah Al-Sisi promised to carry out a…

Hisham Salah Hisham Salah

Banque Misr financed import operations worth $2bn, post-flotation collection of US dollars surpassed $1bn 

We aim to increase MSMEs financing to EGP 25-30bn by 2019, branches…

Hossam Mounir Hossam Mounir

Banks, pharmaceutical shares expected to attract investors in 2017

The flotation of the Egyptian pound will play an influential role in…

Mohamed Ahmed Mohamed Ahmed

Companies face fluctuations of pound with ‘various scenarios’ strategy in 2017

Two scenarios to deal with the increase and decrease of the US…

Mohamed Ahmed Mohamed Ahmed

I expect pound’s price against the dollar to improve in H2 2017: El-Menilawy

The price of the dollar is expected to range between EGP 15…

Hossam Mounir Hossam Mounir