Tag: US dollar

Egyptian pound devaluation is no longer optional: Salman

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

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

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

Fed leaves door open for September rate hike

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

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

CBE stabilises dollar price after 2 increases

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

Hossam Mounir

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…

Daily News Egypt

Devaluation of EGP is due to US pressure: Shiha

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

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

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