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…
Exchange rate to climb to EGP 12.69 by the end of FY 2020: FocusEconomics
Egypt’s economy is standing on shaky ground, says FocusEconomics
Banks to receive 1.5-4.75% commission in return for fixed exchange rate for foreign investment
This mechanism allows foreigners to contract with banks on a specific exchange…
New CBE governor must balance between inflation, exchange rate, interest rates: Expert
The Egyptian pound will not rise because of a new governor, says…
Petroleum Ministry denies airline request to pay for fuel in EGP
Airlines exempted from paying in dollars for a year, import burden disallows…
Egyptian pound slumps to seven against US dollar
Egypt’s currency continues to devalue despite attempts by Central Bank to slow…
