Tag: US dollar

World Bank approves second tranche as Egyptian pound falls, US dollar nears EGP 20

EGX hits record high on expense of the Egyptian pound

Hossam Mounir Hossam Mounir

US dollar surpasses EGP 19 at CBE to hit highest rates since flotation

The US dollar price at the Central Bank of Egypt (CBE) and…

Hossam Mounir Hossam Mounir

When will the Egyptian market stablise?

What we see happening now is normal, but we’re not used to…

Hossam Mounir Hossam Mounir

Ezz Steel expects to reduce its losses gradually due to pound’s flotation

The flotation and the increase in steel prices globally are pushing the…

Mohamed Ahmed Mohamed Ahmed

US dollar slips more than EGP 0.22 at CBE on Thursday

In private banks, dollar prices ranged between EGP 18.20 and EGP 18.50…

Hossam Mounir Hossam Mounir

US dollar registers new peak, jumps to EGP 19 at HSBC

The US dollar price jumped against the Egyptian pound to register its…

Hossam Mounir Hossam Mounir

US dollar exceeds EGP 18 at CBE for first time since flotation

Analysts play down impact of recent terrorist events on future of the…

Hossam Mounir Hossam Mounir

Repatriating profits of foreign companies pushes Egyptian pound down against US dollar

The price of the national currency saw devaluation on Wednesday, reaching EGP…

Hossam Mounir Hossam Mounir

Pound recovers from its lowest level against the US dollar since flotation

The Egyptian pound has regained some of its strength against the US…

Hossam Mounir Hossam Mounir

US dollar exchange records EGP 18.25 at banks on Thursday

The US dollar exchange rate against the Egyptian pound witnessed huge fluctuations…

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