Bank are free to price the US dollar: CBE
This comes after the CBE fully floated the exchange rate on Thursday…
Egypt’s exchange rate crisis must be addressed: IMF managing director
Social protection is a cornerstone of the IMF programme, any cuts in…
High US dollar exchange rate, import restrictions lift computer prices in 2016
PC prices increased by 60% while demand fell by 50%
CBE concludes week without changing pound’s price, contrary to market expectations
Market expectations inclined towards floating the exchange rate or reducing the value…
Tyre prices increase by EGP 100-290, rim prices increase by EGP 440
Sales declined by 65%; global companies offer Chinese alternatives
Motor oil prices increase by 4%, filters by 10%
The prices of automobile oil have increased by 4% in the past…
Egypt, IMF to postpone unifying exchange rate until first tranche of loan arrives
Government moving quickly towards loan, while mission concerned about Cairo's ability to…
Stabilising US dollar exchange rate, CBE confuses dollar holders once again
The CBE directed banks to allocate foreign currency for imports of medication
Increase of US dollar exchange rate supports chances of exporting MCV buses: Ghabbour
The group is targeting to export 150 hybrid buses to London this…
International pressure builds on Egypt to liberalise exchange rate
A floating exchange rate is likely in Egypt’s future due to pressure…
