US dollar registers EGP 14.3 for sale at private banks
The price of the euro against the national currency reached EGP 14.66…
Informal US dollar rate expected to drop if banks refrain from accepting foreign exchange
Current procedures by government, CBE target to reduce demands for US dollar, and we should work on increasing…
CBE consideres obliging banks to not accept foreign currency from anonymous sources
The move aims to lay siege to the informal market and crack…
Impeachment of current cabinet to be settled next week
Government will send a report to parliament on its performance over the…
CBE stabilises Egyptian pound’s price against US dollar, ignores market’s expectations again
Analysts ruled out Egyptian pound’s devaluation before 11 November
Economic challenges push for failed attempt to impeach cabinet
Dozens of MPs passed and signed a petition demanding the impeachment of…
Government to determine commodity profit margins with FEDCOC, FEI next week: Prime Minister
Government in full coordination with CBE to overcome the US dollar crisis
CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78
The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…
High US dollar exchange rate, import restrictions lift computer prices in 2016
PC prices increased by 60% while demand fell by 50%
Car market has no spare parts
70% deficiency in the market; spare parts for Korean, Chinese, Japanese, European…
