Tag: US dollar

Amer denies plans to devalue Egyptian pound after its price falls in informal market

While the dollar is scarce, trader's speculation has also driven inflation, says…

Hossam Mounir Hossam Mounir

US dollar records EGP 11 in informal market Tuesday: traders

The CBE provides the US dollar to banks in the local market…

Mohamed Ayyad Mohamed Ayyad

Pound devaluation shakes market

EGX-30 jumps by 6.7%, amid renewed hopes for FDIs and major concerns…

Hossam Mounir Hossam Mounir

Pound depreciation has limited impact on budget deficit: Economists

Government forecasts on the deficit will not be achieved and will jump…

Mohamed Ayyad Mohamed Ayyad

Egyptian pound devaluation is no longer optional: Salman

Egypt's foreign reserves down by $500m over August

Menna Samir Menna Samir

US dollar registers EGP 8 at exchange companies

Pharos expects the dollar exchange rate to drop to EGP 8.5 during…

Doaa Farid Doaa Farid

Mehleb receives export councils’ memorandum to review CBE’s policies

CBE governor does not accept requests to meet with exporters or importers,…

Shaimaa Al-Aees Shaimaa Al-Aees

Fed leaves door open for September rate hike

Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…

Deutsche Welle Deutsche Welle

EGP 597bn total local outstanding treasury bonds balances by June: Finance Ministry

$5.75bn in bonds were launched in international markets from September 2005 to…

Hossam Mounir Hossam Mounir

CBE stabilises dollar price after 2 increases

Dollar will increase again, and the stable price is temporary, analysts say

Hossam Mounir Hossam Mounir