Tag: US dollar

US dollar continues to fall against pound, losing 7 piasters

Market watching exchange trade trend, amid expectations of further appreciation of pound

Hossam Mounir

Dollar value falls by over EGP 0.22, biggest decline in 9 months

American currency supply increases in interbank market amid resumption of foreign investment…

Hossam Mounir

US dollar on its way out as world’s lead currency?

Tumbling emerging market currencies, including the Russian ruble, have caused Moscow to…

Deutsche Welle

Turkish Lira plummets with limited effects on Egyptian economy: analysts

Turkey modestly shares in Egyptian total exports with about 5%, says EFG-Hermes macroeconomic analysis

Hagar Omran

FX stabilises again after reaching 10-month high

Fluctuation is healthy under supply, demand, says Abdel Aal

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

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

EGP stays steady against US dollar despite church bombings

Bankers claim the attacks will not impact the exchange rate greatly

Hossam Mounir

Egypt’s public debt is reaching critical level

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

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