Tag: US dollar

Arabian Cement to repay US dollar loans to avoid high cost 

The company aims to shrink loans to EGP 40m compared to $65m…

Mohamed Ahmed Mohamed Ahmed

Automotive sector welcomes fixed price of customs US dollar

The decision enables working in accordance with clear plans without surprises, says…

Ahmed Dawoud Ahmed Dawoud

The reason behind the rise of Egypt’s foreign currency reserves remains unknown

Since the 25 January Revolution in 2011, Egypt’s foreign currency reserves were…

Hisham Salah Hisham Salah

IMF financing alone will not be sufficient to stabilise US dollar: BOFAML

The report issued by BOFAML said that it expects the CBE to…

Reem Hosam El-din Reem Hosam El-din

US dollar price to remain between EGP 16-20 in 2017

The government is to lead the demand for the US dollar in…

Hossam Mounir Hossam Mounir

After full flotation of Egyptian pound, US dollar price targets cannot be specified: Aboul Fotouh

US dollar not expected to make large gains against the pound in…

Hossam Mounir Hossam Mounir

Finance Ministry fixes value of customs US dollar at EGP 18.5 until end of February

The Ministry of Finance decided to maintain the price of the US…

Ahmed Farahat Ahmed Farahat

EGX named one of highest US dollar revenue-achieving emerging stock markets in 2017

The initial indicators recorded by the Egyptian Exchange (EGX) during the first…

Mohamed Ahmed Mohamed Ahmed

20% increase in prices of motorcycles over 2 months

The customs exchange rate and foreign currency shortage has led to a…

Ahmed Sabry Ahmed Sabry

US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06

The dollar value is expected to drop as companies finalise their budgets

Hossam Mounir Hossam Mounir