Tag: US dollar

7 legal offices compete to provide legal consultations for issuing international bonds

A governmental source said that seven Egyptian legal offices applied to act…

Ahmed Farahat Ahmed Farahat

Return to normal demand on US dollar in informal market

CBE allocates the value of Tuesday’s tender to cover imports of medicines,…

Hossam Mounir Hossam Mounir

Stabilising US dollar exchange rate, CBE confuses dollar holders once again

The CBE directed banks to allocate foreign currency for imports of medication

Hossam Mounir Hossam Mounir

Increase of US dollar exchange rate supports chances of exporting MCV buses: Ghabbour

The group is targeting to export 150 hybrid buses to London this…

Ahmed Amer Ahmed Amer

Car companies halt sales, adjust pricing policies

The government should set a special US dollar price for car imports,…

Ahmed Amer Ahmed Amer

US dollar loses EGP 0.10 on informal market reaching EGP 12.40

Informal market started lowering the selling prices of the US dollar after…

Adel M. Fakhry Adel M. Fakhry

US dollar shortage threatens NCMP EGP 1.2bn expansion plan

The National Company for Maize Products (NCMP) is considering temporarily suspending its…

Mohamed Ahmed Mohamed Ahmed

US dollar loses over 50 piastres on informal market following announcement of $12bn loan from IMF

The US dollar is likely to see more depreciation in the coming…

Hossam Mounir Hossam Mounir

Dollar shortage created an inflationary recession in the local market: investors

Manufacturers rely on the informal market for US dollars, and securing 25%…

Hisham Salah Hisham Salah