MPs expect debt repayment allocations to soar to EGP 400bn by fiscal year’s end
Flotation of the Egyptian pound is a bitter medicine, says MP Khalil
CBE instructs exchange bureaux to buy US dollars at EGP 13, sell at EGP 14.35
Exchange bureaux companies operating in the Egyptian market began on Thursday morning…
Floating the Egyptian pound is an excellent step: Naguib Sawiris
Sawiris called on the Egyptian people to support the CBE's decision
CBE consideres obliging banks to not accept foreign currency from anonymous sources
The move aims to lay siege to the informal market and crack…
Egyptian pound devaluation could cause heavy losses for customers with open currency position
Importers of medicines and commodities priced upon the US dollar’s official rate…
CBE stabilises Egyptian pound’s price against US dollar, ignores market’s expectations again
Analysts ruled out Egyptian pound’s devaluation before 11 November
Looking for investment safe havens, Egyptians turn away from the US dollar
For more than five years, Egyptians have been looking for a safe…
State of uncertainty over devaluation of Egyptian pound after president meets CBE governor
A senior banker ruled out any move by the CBE before 11…
Car prices to see new increase when Egyptian pound is floated or devalued: GB Auto
Fluctuations in exchange rates have pushed tyre manufacturers to monitor situation before…
