Dollar’s rise within normal range under flexible exchange rate system: Madbouly
Prime Minister Mostafa Madbouly affirmed on Wednesday that the recent uptick in…
US dollar surges EGP 0.53 at Sunday close
The official exchange rate of the US dollar at the Central Bank…
CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)
The Central Bank of Egypt (CBE) has decided to extend its inflation…
Silver prices to rise amid increasing industrial demand: Safe Haven Hub
Silver prices in local markets increased by 2.4% during the past week's…
Egypt’s developers propose strategic recommendations to advance real estate sector
Participants in the Decision Makers conference put forward a set of recommendations…
IMF’s Georgieva praises Egypt’s reforms, flexible exchange rate
Egypt has successfully implemented a flexible exchange rate system, the International Monetary…
Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE
The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…
NBE receives $108bn inflows since exchange rate liberalisation: Vice Chairperson
Aboul Fotouh told Daily News Egypt that the NBE has opened documentary…
After 4 years, Egypt’s exchange rate liberalisation proves its economic boon
Egypt sees $400bn in foreign exchange flows since decision enforced in November…
Egypt scraps customs dollar; price to depend on CBE exchange rate
Government sources told Daily News Egypt that the decision was taken by…