Tag: US dollar

Devaluation of EGP is due to US pressure: Shiha

US dollar could be devaluated to EGP 6 or less with tight…

Shaimaa Al-Aees Shaimaa Al-Aees

Petroleum Ministry denies airline request to pay for fuel in EGP

Airlines exempted from paying in dollars for a year, import burden disallows…

Mohamed Adel Mohamed Adel

Banks increased dollar sales by $1.2bn last week: CBE governor

Ramez denies any link between dollar rates and raising prices of commodities

Doaa Farid Doaa Farid

Foreign currency availability in market improves: FEDCOC

El-Wakil attributes improvement to recent CBE actions

Doaa Farid Doaa Farid

Dollar records EGP 8 on unofficial market, EGP 7.53 officially

Gap widening between official, unofficial dollar selling despite increasing CBE dollar auctions

Doaa Farid Doaa Farid

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

Doaa Farid Doaa Farid

Egyptian pound plunges against the dollar to EGP 7.46

The US dollar exchange value jumped to EGP 7.5 at NBE and…

Hend El-Behary Hend El-Behary

Dollar to reach EGP 8 by the end of June: Emirates NDB

Depreciation can happen at a faster pace, the bank says

Daily News Egypt Daily News Egypt

Egyptian pound continues to depreciate against US dollar

The value of $1 stands at EGP 7.16 on 22 May, compared…

Doaa Farid Doaa Farid

CBE sells $1.1bn to banks in ‘exceptional auction’

Banks are required to apply with the amount of US dollars needed…

Doaa Farid Doaa Farid