Tag: egyptian pound

CBE stabilises Egyptian pound against the US dollar at EGP 8.78

The CBE sold roughly $118.6bn to the banks through its tender.

Hossam Mounir

Motorcycle, bicycle prices rise by 20%, following devaluation of Egyptian pound

Prices of motorcycles and bicycles rose by 20%, due to the increase…

Ahmed Eid

Did Al-Sisi reject the EGP devaluation during his last meeting with Amer?

Unofficial market and analysts increase pressure on CBE’s governor

Hossam Mounir

CBE considers 4 scenarios for future of the Egyptian pound against the dollar

The CBE is awaiting the entrance of US dollar flows estimated at…

Hossam Mounir

CBE stabilises US dollar exchange rate causing confusion in market

The higher inflation rate caused the CBE to postpone another devaluation of…

Hossam Mounir

Experts forecast further devaluation of Egyptian pound: CFA Society Egypt

On 3 July, governor of the CBE Tarek Amer alluded to a…

Shaimaa Al-Aees

Building material prices expected to increase: experts

Increase in US dollar exchange rate led to 22% rise in construction…

Daily News Egypt

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

Hossam Mounir

CBE forced to issue new banknotes monthly due to low state resources, high expenditure: banking expert

The CBE has increased its issuance of banknotes since January 2011, due…

Hossam Mounir

EGP 6.8bn increase in banknotes printed in March 2016: CBE

EGP 200 banknotes accounted for 52.1% of the total banknotes issued; EGP…

Hossam Mounir