65.5% increase in Egyptian remittances during August: CBE
Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…
Egyptian gold prices surge 4.5% in a week
Local gold prices experienced a significant surge last week, driven by multiple…
Egyptian pound to weaken further by year-end: FocusEconomics
The Egyptian pound is expected to end calendar year (CY) 2023 at…
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…
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…
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…
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…
US dollar depreciates by 19 piasters against Egyptian pound last week
Egypt’s import bill has generally decreased, on back of commensurate decrease in…
US dollar appreciation against Egyptian pound deepens mobile market losses
Mobile prices also affected by higher shipping costs on back of global…
New IMF loan slows down US dollar appreciation against Egyptian pound
Egypt’s foreign reserves fall to $36.0037bn in May, from $37.037bn in April,…