Tag: US dollar

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

Dollar exchange rate stabilises

Expected to increase in coming days due to decreases in supply

Daily News Egypt Daily News Egypt

Gulf aid bolsters Egyptian pound against the US dollar

Egypt receives aid packages from Saudia Arabia, UAE, and Kuwait

Nada Badawi Nada Badawi

Egyptian pound stabilises against the dollar at 7.04 despite massive protests

Experts: the stability of the pound is “temporary” due to bank closures…

Nada Badawi Nada Badawi

Engineering consulting company releases quarterly report

The consulting firm says Egypt’s consumption price index increased by 4% due…

Daily News Egypt Daily News Egypt

Forex auctions carry on

Despite the optimism, the current political insecurity and the unsettled International Monetary…

Daily News Egypt Daily News Egypt

Gold tumbles 1.5% as dollar prices rise

Future trading in the COMEX division of the New York Mercantile Exchange…

Daily News Egypt Daily News Egypt

IMF cuts world growth forecast

"We are in a better place but... we're not out of the…

Daily News Egypt Daily News Egypt

Exchange companies accuse CBE of raising dollar price

Head of exchange companies section at the ECC accuses the CBE of…

Mohamed Salah Mohamed Salah

US Dollar breaks EGP 6.15 level

Raise reportedly due mainly to political tension

Liliana Mihaila Liliana Mihaila