black market

Egypt’s central bank not moving toward weakening the pound: official
Business

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

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

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

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

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

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

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

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

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

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…
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