Tag: egyptian pound

US dollar continues to fall on Monday, recording EGP 15.25-15.32 in official market

The price of the US dollar against the Egyptian pound continued to…

Mohamed Ayyad Mohamed Ayyad

Egyptian pound to remain volatile for near future: JP Morgan

The sharp foreign exchange adjustment, fiscal reforms, and increase in energy prices…

Mohamed Samir Mohamed Samir

US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation

Sunday marks the first day of the Egyptian pound’s complete flotation in…

Hossam Mounir Hossam Mounir

Profit-taking process permeates EGX’s performance

Index targets 8,500-9,200 points, say analysts

Mohamed Ahmed Mohamed Ahmed

Increased cash support for subsidy cardholders is not enough: expert

Egypt floated its currency on Thursday, allowing it to fall from its…

Hisham Salah Hisham Salah

30% hike in inflation rate in short term: Beltone Financial

The Central Bank of Egypt (CBE) announced on Thursday that it is…

Hisham Salah Hisham Salah

Egyptian pound flotation is a historic decision: bank leaders

Raising interest was important to protect citizens' savings and to face expected…

Hossam Mounir Hossam Mounir

Social protection measures will be taken after raising fuel prices, floating the Egyptian pound: Prime Minister

The number of Takaful and Karama beneficiaries was boosted to 1.7 million…

Mohamed Ayyad Mohamed Ayyad

Some banks raise interest on savings vessels after CBE decision, public banks to follow suit

Some banks operating in the local market have quickly raised the interest…

Hossam Mounir Hossam Mounir

3 factors determine effectiveness of flotation in boosting acquisition assessments, offerings to foreign investors

Egyptian companies’ ability to pass the price increase to consumers and banks’…

Mohamed Ahmed Mohamed Ahmed