Tag: US dollar

US dollar loses 5 piasters against Egyptian pound on Monday

Banks receive over $4bn FX inflows in January, February, says senior bank…

Hossam Mounir

US dollar hits its lowest in two years

US currency lost 8.11 piasters last week, losing 49 piasters since January…

Hossam Mounir

Goldman Sachs forecasts stronger pound, Morgan Stanley foresees volatility

Although there is no immediate pressure on currency to weaken, yet uncertainty…

Mohamed Samir

Price of US dollar against pound nearly stable on Tuesday after two-day decline

US currency recovers less than half piaster of 30 piasters it lost…

Hossam Mounir

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