Tag: EGP

Pound value depreciation continues, dollar reaches EGP 7.34

Dollar’s value increases to EGP 7.38 at NBE and Banque Misr

Sara Aggour Sara Aggour

Low value of EGP enhances investor appetite

Market analysts expect better foreign investor purchases and higher inflation rates

Hend El-Behary Hend El-Behary

EGP exchange rate drops against dollar

Dollar exchange rate is up 10 piasters in 2 days in Egyptian…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Private business accounts for 63.2% of credit facilities end of March: CBE report

Central bank announces 2.6% increase in total credit facilities

Daily News Egypt Daily News Egypt

Egypt pound weakens at Central Bank’s dollar sale and on black market

Reuters - The Egyptian pound weakened at a central bank dollar sale…

Daily News Egypt Daily News Egypt

EGP weakens at forex auction

The Central Bank sold $38.6m to banks at the auction, with a…

Daily News Egypt Daily News Egypt

Central Bank sells $38.4m in forex auction

Cut-off price stabilises at EGP 6.79

Mohamed Salah Mohamed Salah

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

Pound expected to depreciate further in 2013

Throughout 2012 Egypt’s currency dropped 8.4% against the euro, which cost EGP…

Daily News Egypt Daily News Egypt

USD exchange rate continues to rise as foreign reserves falls

The recurrent rise in the dollar's exchange rate reflected on the price…

Liliana Mihaila Liliana Mihaila