Tag: dollar

Egyptian pound rate to improve in H2 of 2017: Mehrem

The fair price of the US dollar is EGP 7-9, and it…

Hossam Mounir Hossam Mounir

Pound’s rate against dollar to go through 3 stages in 2017, to reach EGP 14-15.5 by end of Q4: Abdel Aal

Over 12 elements support the local currency against the US currency this…

Hossam Mounir Hossam Mounir

Dollar shortage crisis impacts Juhayna’s expansion agreement with Arla Foods

The worsening dollar crisis, which began in 2015 and resulted in the…

Mohamed Ahmed Mohamed Ahmed

Dollar climbs to EGP 18 at banks on Monday

The US dollar climbed to EGP 18 on Monday at banks operating…

Daily News Egypt Daily News Egypt

Ministry of Finance discusses stabilising dollar rate at customs

Companies that rely on imported materials have been struggling under increased production…

Ahmed Farahat Ahmed Farahat

I expect stability in the foreign exchange market by early 2017: prominent banker

No state in the world has entirely floated its currency without facing…

Hossam Mounir Hossam Mounir

US dollar exchange rate movement since flotation of the Egyptian pound until 13 November

  Date Buy Sell 13/11/2016 15.5697 16.3122 10/11/2016 16.4224 17.0738 09/11/2016 17.0422…

Daily News Egypt Daily News Egypt

Egyptians struggle to cope after two uprisings: analysts

Egyptians worried about future given political and economic conditions

Daily News Egypt Daily News Egypt

Egyptian pound appreciates against dollar in midst of imminent IMF loan signing, Trump elected president

The price of the Egyptian pound significantly increased against the US dollar…

Hossam Mounir Hossam Mounir

The first tender-less Tuesday in almost 4 years

Since December 2012, the CBE has posed 517 regular tenders and 9…

Hossam Mounir Hossam Mounir