Tag: US dollar

The government asks for money, simply because it can: economics professor

Poor financial planning, using loans in the wrong projects are the largest…

Hisham Salah

Experts forecast further devaluation of Egyptian pound: CFA Society Egypt

On 3 July, governor of the CBE Tarek Amer alluded to a…

Shaimaa Al-Aees

Building material prices expected to increase: experts

Increase in US dollar exchange rate led to 22% rise in construction…

Daily News Egypt

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

Hossam Mounir

CBE sells $120m to banks to release imported intermediate goods stuck in customs

El-Menilawy added that the CBE on Tuesday morning had asked the departments…

Hossam Mounir

Local, international institutions offer to invest $915.4m in treasury bills

The bank auctioned $700m that will mature in one year’s time on…

Hossam Mounir

Exchange rate to climb to EGP 12.69 by the end of FY 2020: FocusEconomics

Egypt’s economy is standing on shaky ground, says FocusEconomics

Shaimaa Al-Aees

JEEP maintains sales growth despite US dollar shortage

Grand Cherokee comes at the forefront selling 356 cars, followed by Renegade

Daily News Egypt

Medicines price increase does not commensurate with devaluation of Egyptian pound against US dollar

The decision includes increasing prices of 70% of local and imported medicines

Hisham Salah

Ceramics division demands intervention from PM to save ceramics industry

Increase in gas, US dollar prices pushes up production costs and decreases…

Daily News Egypt