Tag: exchange rate

Central Bank dollar supply continues to shrink

$37.8m were sold at a forex auction which began last December at…

Mohamed Salah Mohamed Salah

The diesel crisis: Petroleum minister’s words versus reality

Crisis due to high levels of smuggling and not a shortage in…

Daily News Egypt Daily News Egypt

USD exchange rate continues to rise as foreign reserves falls

The recurrent rise in the dollar's exchange rate reflected on the price…

Liliana Mihaila Liliana Mihaila

Traders differ on impact of EGP devaluation

Exporters see an opportunity while importers see disaster in devaluation of currency

Liliana Mihaila Liliana Mihaila

US Dollar breaks EGP 6.15 level

Raise reportedly due mainly to political tension

Liliana Mihaila Liliana Mihaila

Exchange rate of USD reached a new peak

The price of U.S. dollars in Egyptian pounds reached record rates last…

Daily News Egypt Daily News Egypt