Search Results for: US dollar

US dollar exceeds LE 50 in banks, marking new increase of 20 piasters
Business

US dollar exceeds LE 50 in banks, marking new increase of 20 piasters

The US dollar continued its rise against the Egyptian pound during trading on Tuesday, officially surpassing the LE50 mark in…
US dollar nearing LE 49 after rising 88 piasters in banks
Business

US dollar nearing LE 49 after rising 88 piasters in banks

The exchange rate of the US dollar against the Egyptian pound saw a notable increase during Sunday’s trading, with the…
US dollar Index climbs above 97.8 amid tariff uncertainty
Business

US dollar Index climbs above 97.8 amid tariff uncertainty

The US Dollar Index (DXY) rose above the 97.8 level on Tuesday, rebounding after coming under pressure in the previous…
China reveals its plan to challenge the US dollar for dominance. Could it ever work?
World

China reveals its plan to challenge the US dollar for dominance. Could it ever work?

China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense…
Gold prices slump below record highs amid strengthening US dollar
Business

Gold prices slump below record highs amid strengthening US dollar

Global gold prices fell on Thursday, as precious metals saw a broad decline driven by subsiding geopolitical risks and a…
US dollar approaches LE 47 Egyptian for selling in bank transactions
Business

US dollar approaches LE 47 Egyptian for selling in bank transactions

The dollar’s price against the Egyptian pound fell significantly at the start of trading on Monday, dropping by about nine…
US dollar price in Egypt now returns to its true value: Economist 
Business

US dollar price in Egypt now returns to its true value: Economist 

Economist Sherif Awad explained on Friday that the Central Bank‘s one percent interest rate cut will have a positive impact…
US dollar rises globally, other currencies fluctuate
Business

US dollar rises globally, other currencies fluctuate

The US dollar is now higher but is heading for a week decline after weakening economic data prompted traders to…
US dollar in decline, stock prices suffer 3% loss
Business

US dollar in decline, stock prices suffer 3% loss

Major stock indices fell on Friday, with the US dollar now trading sharply lower after US President Donald Trump issued…
Will the US dollar rise after the CBE cut interest rates?
Business

Will the US dollar rise after the CBE cut interest rates?

Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates…
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