US dollar at customs repriced daily according to average bank rates on day before: ECA
The Central Bank of Egypt (CBE) sets the US dollar price for…
Pound flotation attracts foreign investors to EGX
Heads of financial institutions contend that these funds are high-risk
US dollar at customs repriced daily according to average bank rates on day before: ECA
The official price at customs on Tuesday registered EGP 17.26, hitting EGP…
Egyptian Automotive Dealers Association halts imports for November
The Egyptian Automotive Dealers Association held a meeting for leading car importers…
US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation
Sunday marks the first day of the Egyptian pound’s complete flotation in…
Electricity Ministry may cease negotiations for new equipment purchases following pound flotation
Offers and prices of companies changed after the US dollar exchange rate…
Increased cash support for subsidy cardholders is not enough: expert
Egypt floated its currency on Thursday, allowing it to fall from its…
30% hike in inflation rate in short term: Beltone Financial
The Central Bank of Egypt (CBE) announced on Thursday that it is…
Banks confused over US dollar pricing during first 3 days after flotation
Chaos is normal since this is the first time for Egypt, but…
Bank are free to price the US dollar: CBE
This comes after the CBE fully floated the exchange rate on Thursday…