Tag: US dollar

US dollar squeezed by cautious Fed

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

Deutsche Welle

USD leaps against EGP, records EGP 18.10 at banks

Demand on USD for Ramadan importations accelerate pound depreciation

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

Dollar breaks EGP 17, driven by shortage at banks 

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

Hossam Mounir

EGP loses ground to USD, falls to EGP 16.3 at NBE, Banque Misr

The Egyptian pound losing ground to the US dollar will last for…

Mohamed Ayyad

Reducing price of products depends on stability of US dollar

After the Ministry of Finance reduced the price of the US dollar…

Hisham Salah

Will commodity prices go down as pound strengthens?

 Companies pledge to bring prices down; others refuse due to inventory input

Samira Saeed

Pound continues strengthening against USD, expected to settle below EGP 17 to the dollar within days

Significant increase in hard cash supply as foreigners invest in government debt…

Hossam Mounir

Dollar falls to its lowest level in two months, settles below EGP 18

Banks see clients disposing USD, further decline in the pipeline, says chairperson…

Hossam Mounir

Weakened purchasing power decreased economic growth to 3.4% during Q1 of FY 2016/17 

Large projects and the improved climate for investment will increase economic growth,…

Mohamed Ayyad