Pound continues strengthening against USD, expected to settle below EGP 17 to the dollar within days
Significant increase in hard cash supply as foreigners invest in government debt…
Dollar falls to its lowest level in two months, settles below EGP 18
Banks see clients disposing USD, further decline in the pipeline, says chairperson…
Weakened purchasing power decreased economic growth to 3.4% during Q1 of FY 2016/17
Large projects and the improved climate for investment will increase economic growth,…
Egyptian pound’s value drops by 98% since 1979
According to data collected from the International Monetary Fund (IMF), Bloomberg, and…
Exports increased after Egyptian pound’s flotation: Minister of Industry and Trade
Minister of Industry and Trade Tarek Kabil said that the flotation of…
No one can say for certain at what value the Egyptian pound will stabilise against the US dollar: El-Araby
Subsidies will continue to be provided even after the economic reform programme…
Egyptian pound rate to improve in H2 of 2017: Mehrem
The fair price of the US dollar is EGP 7-9, and it…
After full flotation of Egyptian pound, US dollar price targets cannot be specified: Aboul Fotouh
US dollar not expected to make large gains against the pound in…
CBE to meet 8 times in 2017 to determine future of Egyptian pound’s interest rate
Direction of interest rate depends on inflation and government strategy, say analysts
CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes
The bank said in a statement on Thursday that it has printed…