Fed leaves door open for September rate hike
Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…
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…
CBE stabilises dollar price after 2 increases
Dollar will increase again, and the stable price is temporary, analysts say
Local, international institutions offer to invest $928.5m in treasury bills: CBE
The CBE launched this auction using $700m, receiving offers worth $928.5m to…
Devaluation of EGP is due to US pressure: Shiha
US dollar could be devaluated to EGP 6 or less with tight…
Petroleum Ministry denies airline request to pay for fuel in EGP
Airlines exempted from paying in dollars for a year, import burden disallows…
Banks increased dollar sales by $1.2bn last week: CBE governor
Ramez denies any link between dollar rates and raising prices of commodities
Foreign currency availability in market improves: FEDCOC
El-Wakil attributes improvement to recent CBE actions
Dollar records EGP 8 on unofficial market, EGP 7.53 officially
Gap widening between official, unofficial dollar selling despite increasing CBE dollar auctions
Dollar’s unofficial market still precedes official by EGP 0.16
$1 is EGP 7.59 on official market, EGP 7.75 on black market