Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016
The dollar’s value rose from EGP 7.18 in January to EGP 7.83…
CBE intervenes to strengthen pound against dollar
Dollar fell in black market for hours until it suddenly stopped
Pound depreciation has limited impact on budget deficit: Economists
Government forecasts on the deficit will not be achieved and will jump…
Mehleb receives export councils’ memorandum to review CBE’s policies
CBE governor does not accept requests to meet with exporters or importers,…
CBE stabilises US dollar against Egyptian pound for 4th consecutive time
Dollar price stabilises between EGP 7.78 and EGP 7.83 at banks, and…
Dollar to reach EGP 8 by the end of June: Emirates NDB
Depreciation can happen at a faster pace, the bank says
Forex policies successful, could eliminate black market: Egypt Central Bank governor
Rates at which banks are allowed to trade dollars are determined by…
Egypt business activity shrinks in May: PMI
Reuters - Business activity in Egypt shrank for the third month in a…
Egyptian pound strengthens at central bank Forex sale
Reuters - The Egyptian pound strengthened at a central bank dollar auction…
Egyptian pound weakens at Central Bank dollar sale
Dollar shortages have been fuelling a thriving black market.