Central Bank dollar supply continues to shrink
$37.8m were sold at a forex auction which began last December at…
The diesel crisis: Petroleum minister’s words versus reality
Crisis due to high levels of smuggling and not a shortage in…
Exchange companies accuse CBE of raising dollar price
Head of exchange companies section at the ECC accuses the CBE of…
Pound expected to depreciate further in 2013
Throughout 2012 Egypt’s currency dropped 8.4% against the euro, which cost EGP…
Egyptian pound falters after Constitutional rulings
By Ayat Al-Battawy The political chaos in Egypt that followed the Constitutional…