black market
Egypt’s central bank not moving toward weakening the pound: official
Business
February 16, 2016
Egypt’s central bank not moving toward weakening the pound: official
Egypt's central bank is not moving toward devaluing the pound or floating its currency, a central bank official said in…
Egyptian pound weakens on black market, steady at official auction
Business
February 11, 2016
Egyptian pound weakens on black market, steady at official auction
The Egyptian pound slipped further on the black market on Thursday, piling more pressure on the central bank to devalue…
Egyptian pound marginally weaker on black market, steady at official auction
Business
February 9, 2016
Egyptian pound marginally weaker on black market, steady at official auction
The Egyptian pound continued to weaken on the black market on Tuesday, piling more pressure on the central bank to…
Dollar surges against Egyptian pound after cbank raises cap on deposits
Business
January 27, 2016
Dollar surges against Egyptian pound after cbank raises cap on deposits
The dollar surged against the Egyptian pound on the black market on Wednesday, a day after the central bank raised…
Egyptian pound steady at official auction and black market
Business
January 1, 2016
Egyptian pound steady at official auction and black market
Egypt's central bank kept the pound steady at 7.7301 pounds to the dollar at its official foreign currency auction on…
Petroleum minister meets with heads of marketing companies
Egypt
October 13, 2015
Petroleum minister meets with heads of marketing companies
Petroleum and Mineral Resources Minister Tareq al-Molla held a meeting with the heads of marketing companies operating in Egypt, including…
Train tickets reservations with ID cards help reduce black market influence
Egypt
June 29, 2015
Train tickets reservations with ID cards help reduce black market influence
The Egyptian National Railways started for the first time Sunday the application of a system to reserve train tickets with…
Daily train tickets limited to combat black market
Egypt
May 18, 2015
Daily train tickets limited to combat black market
Egypt National Railways has put a ceiling for tickets sold on a daily basis to passengers, in order to combat…
Egyptian pound steady on official market, weaker on black market
Business
April 19, 2015
Egyptian pound steady on official market, weaker on black market
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Sunday, while…
Egyptian pound steady on official, black markets
Business
April 6, 2015
Egyptian pound steady on official, black markets
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Monday, and…