Tag: USD

USD price in banks stabilises at EGP 18.2628 and EGP 18.3628 by end of trading on Sunday

The official price at the CBE recorded EGP 18.2441 for buying and…

Hossam Mounir Hossam Mounir

USD’s value increases by 28 piasters to EGP 18.4508 for buying and EGP 18.5483 for selling

The average price of a USD in banks, according to the Central…

Hossam Mounir Hossam Mounir

Inflation deceleration, EGP/USD appreciation, push F&B sector to benefit: Pharos Research

Despite improving macro conditions and consumer spending behaviour, Pharos expects muted growth…

Alyaa Stohy Alyaa Stohy

US dollar value continues decline against EGP in banks on Monday

The US dollar lost two piasters in the Egyptian National Bank and…

Nehal Samir Nehal Samir

Depreciation of EGP against USD by 6.4% to reach EGP 19.1 gradually by 2019

Establishing mechanism of liberalisation oil price in Egypt, linking it with global…

Fatma Elkholosy Fatma Elkholosy

Local, foreign financial institutions offer to invest $1.054bn in USD T-Bills

Interest rate highest at 3.35%, lowest at 3.32%, averaging 3.346%

Hossam Mounir Hossam Mounir

Strong USD drives EGX up by 500 points during last week

Potential slowdown in upward movement as the index reaches 13,000 points, says…

Mahmoud Hashem Mahmoud Hashem

41% of Hermes’ One on One participants expect USD to settle at EGP 15-17

17% think it will reach EGP 13-15; 25% expect it to rise…

Hossam Mounir Hossam Mounir

Egypt’s steady adoption of IMF programme would provide upside risk: Merrill Lynch

Forward exchange rate is expected to register 11.20 in Q4 2016, says…

Shaimaa Al-Aees Shaimaa Al-Aees