Petroleum Ministry denies airline request to pay for fuel in EGP
Airlines exempted from paying in dollars for a year, import burden disallows…
Following deposits’ ceiling, dollar to remain stable until March summit: Officials
CBE placed ceiling deposit of $10,000 per day and $50,000 per month
Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE
Rate ranges between EGP 7.8 to EGP 8 in unofficial market.
Egyptian pound plunges against the dollar to EGP 7.46
The US dollar exchange value jumped to EGP 7.5 at NBE and…
$1 reaches EGP 7.47 on official selling market
CBE’s Monday dollar auction ended with $1 standing at EGP 7.43
Dollar to reach EGP 8 by the end of June: Emirates NDB
Depreciation can happen at a faster pace, the bank says
Pound value depreciation continues, dollar reaches EGP 7.34
Dollar’s value increases to EGP 7.38 at NBE and Banque Misr
Low value of EGP enhances investor appetite
Market analysts expect better foreign investor purchases and higher inflation rates
Dollar value rises to EGP 7.19, further 5% devaluation expected
Government faces pressure to combat black market before the March Economic Summit
State of the currency exchange market
On the black market, the lowest selling price for the US dollar…