Central Bank of Egypt sells $1.3bn in its first exceptional auction
CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday…
Egyptian pound’s value rises
The value of the Egyptian pound recovers slightly after 2-week long depreciation.
Why Egypt’s pound is not strengthening
By Farah Halime, Rebel Economy Take a look at this chart, which…
Gulf aid bolsters Egyptian pound against the US dollar
Egypt receives aid packages from Saudia Arabia, UAE, and Kuwait
Gulf aids bolsters value of local currency
The index of the US dollar internationally declined 1.5%.
Egyptian pound stabilises against the dollar at 7.04 despite massive protests
Experts: the stability of the pound is “temporary” due to bank closures…
Assets plunge EGP 28.2bn end of March
Egypt’s net foreign assets fell to new low since President Mohamed Morsi…
Engineering consulting company releases quarterly report
The consulting firm says Egypt’s consumption price index increased by 4% due…