Tag: US dollar

FX stabilises again after reaching 10-month high

Fluctuation is healthy under supply, demand, says Abdel Aal

Hossam Mounir Hossam Mounir

Egyptian pound fist to fist with US dollar yet again

Local currency began appreciating again by 21 piastres in four days, market…

Hossam Mounir Hossam Mounir

US dollar embarks on new wave of decline against pound, loses 20 piastres in 2 days

Banks give their clients up to $2,000 cash with no documents but…

Hossam Mounir Hossam Mounir

EGP stays steady against US dollar despite church bombings

Bankers claim the attacks will not impact the exchange rate greatly

Hossam Mounir Hossam Mounir

Egypt’s public debt is reaching critical level

Experts believe there are no other options but to ask for more…

Hisham Salah Hisham Salah

Travel ban, strong dollar seen putting damper on US tourism sector

Travel and tourism's contribution to the US economy will grow at a…

Deutsche Welle Deutsche Welle

US dollar squeezed by cautious Fed

The US currency has suffered painful losses in Asian trading while sovereign…

Deutsche Welle Deutsche Welle

USD leaps against EGP, records EGP 18.10 at banks

Demand on USD for Ramadan importations accelerate pound depreciation

Mohamed Ayyad Mohamed Ayyad

Administrative Court requires AUC to not receive tuition fees in dollars

In the past two years, the university's students paid half their fees…

Daily News Egypt Daily News Egypt

Dollar breaks EGP 17, driven by shortage at banks 

The US dollar exchange rate to the pound exceeded EGP 17.5 on…

Hossam Mounir Hossam Mounir