Expected increase in price of computers, tech products after raising dollar price
Price rise a positive step if price fixed and dollar enabled, says…
CBE devalues EGP amid concerns over inflation and budget deficit increase
The decision is expected to have far-reaching repercussions on the deficit and…
Pound devaluation shakes market
EGX-30 jumps by 6.7%, amid renewed hopes for FDIs and major concerns…
Unflagging EGP decline threatens Egypt’s economic growth
US dollar is forecasted to break EGP 10 threshold
Government sought to decrease $60bn bill by ‘banning luxurious products’
Around $26bn of Egyptian imports are categorised as “essential”
CBE raises EGP value against dollar by 20 piasters
The central bank will also cover 25% of the temporary credit facilities…
Dollar rise amplifies prices of basic items
CBE decisions are against the interest of citizens, says head of Citizens…
Pound’s value drops by 10 piasters against US dollar
The dollar value had been stable for around 100 days
