Tag: Forex

Egypt pound flat at Monday’s forex auction

On the black market the pound was trading on Monday at 7.33/7.36,…

Daily News Egypt Daily News Egypt

Foreign currencies hike amid curtailed exchange services by banks

Traders fear the recurrence of last year’s liquidity crisis, which depreciated the…

Daily News Egypt Daily News Egypt

Forex auctions carry on

Despite the optimism, the current political insecurity and the unsettled International Monetary…

Daily News Egypt Daily News Egypt

Central Bank to fight foreign currency black market

Exchange market stabilises as demand for dollar retreats

Mohamed Salah Mohamed Salah

Central Bank dollar supply continues to shrink

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

Mohamed Salah Mohamed Salah