CBE ends week without changing price of the Egyptian pound
The Central Bank of Egypt also did not hold an exceptional auction…
Contrary to market expectations, CBE fixes US dollar price in its regular auction
The bank directed the auctioned US dollar to cover imports of pharmaceutical…
Egypt struggles to implement IMF’s conditions before board meeting
The foreign exchange reserves registered $19.59bn in September, an increase of 18.2%…
Fully liberalised exchange unlikely: Arqaam Capital
Following Beltone’s research report, Arqaam releases its perspective on the specifics of…
Member of EFCBC demands urgent floatation of Egyptian pound to avoid bankruptcy of factories
Shortage of US dollars needed to purchase raw materials threatens existing factories
Will Egypt fail?
Soaring prices—the topic du jour in every conversation across all social classes—is…
Local market holds breath in anticipation of large devaluation of Egyptian pound
CBE may either offer exceptional US dollar tender or direct banks to…
Fully fledged float of the Egyptian pound imminent: Beltone Financial
The state may have implied that a currency liberalisation and peg to…
Dollar crisis, Egyptian pound’s devaluation the best thing to happen in Egypt in past 3 years: Elsewedy Electric managing director
Despite the decline in the value of the Egyptian pound against the…
Devaluation of Egyptian pound increases EGX’s hopes for restoring ‘hot money’
Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions…
