Tag: egyptian pound

Gold prices in Egypt surge 7% over past week, climbing more than EGP 300

Gold prices in Egypt surged by 7% over the past week, rising…

Daily News Egypt

Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE

The Central Bank of Egypt (CBE) announced that the total value of…

Hossam Mounir

65.5% increase in Egyptian remittances during August: CBE

Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…

Hossam Mounir

Egyptian gold prices surge 4.5% in a week

Local gold prices experienced a significant surge last week, driven by multiple…

Daily News Egypt

Egyptian pound to weaken further by year-end: FocusEconomics

The Egyptian pound is expected to end calendar year (CY) 2023 at…

Daily News Egypt

Cairo sees both US dollar, Egyptian pound as options to value state assets: Bloomberg

The choice of currency in valuing the stakes is shaping up as…

Daily News Egypt

Egyptian pound appreciates 30 piasters against US dollar in 2020 despite COVID-19

Local currency is likely to see further gains against US dollar in…

Daily News Egypt

Economic reforms give Egyptian pound flexibility, resistance against shocks: Hala El-Said

Most international institutions have praised Egypt’s economy, steps taken by government to…

Daily News Egypt

Egyptian pound continues upmove against US dollar on increased FX inflows

Egypt buoyed up by recent IMF’s, international market’s cash injections estimated at…

Hossam Mounir

US dollar depreciates by 19 piasters against Egyptian pound last week

Egypt’s import bill has generally decreased, on back of commensurate decrease in…

Hossam Mounir