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…
Consumer group holds cement companies responsible for dollar shortage
Citizens Against Price Rises demands Egypt’s Central Bank intervene to address the…
Egypt records highest core inflation rate since 2010
CAPMAS and Central Bank of Egypt figures reveal rise in inflation, foreign…
Wheat inventories sufficient for 10 months
Government officials announced that Egypt’s current overall wheat inventories will cover the…