currency
Cabinet eases limits on carrying cash to and from Egypt
Business
March 13, 2013
Cabinet eases limits on carrying cash to and from Egypt
Egypt said on Wednesday it was easing limits on travelers bringing currency in and out of the country and said…
Dollars start running out for Egypt’s currency bureaus
Business
February 17, 2013
Dollars start running out for Egypt’s currency bureaus
Egypt's currency bureaus are being overwhelmed by demand for dollars amid a supply fueled by political crisis, the head of…
EU’s Rompuy: IMF deal will help Egypt’s ailing economy
Egypt
January 13, 2013
EU’s Rompuy: IMF deal will help Egypt’s ailing economy
CAIRO — A senior EU official urged Egypt on Sunday to conclude its talks with the International Monetary Fund on a…
Central Bank: Pound fell at dollar auction
Business
January 9, 2013
Central Bank: Pound fell at dollar auction
The pound fell at a Central Bank of Egypt auction of dollars Wednesday, the seventh such sale since it introduced…
IMF welcomes Egypt’s effort to safeguard reserves
Business
December 31, 2012
IMF welcomes Egypt’s effort to safeguard reserves
The International Monetary Fund said Monday that it welcomed steps Egypt has taken to stop a drain on its international…
Egypt limits travelers leaving country to US$10,000 in cash
Business
December 25, 2012
Egypt limits travelers leaving country to US$10,000 in cash
Egypt has banned travelers from carrying more than US$10,000 in foreign currency cash in or out of the country, as…
IMF recommends govt let pound float, officials deny devaluation talk
Business
November 4, 2012
IMF recommends govt let pound float, officials deny devaluation talk
An October report from IMF’s Tokyo meeting, which Egyptian officials attended, recommends that the government allow the country’s currency to…
Pound weakens to near 8-year low as IMF talks resume
Business
October 31, 2012
Pound weakens to near 8-year low as IMF talks resume
The pound inched to its weakest in almost eight years on Wednesday as the government resumed negotiations for a US$4.8…
Clashes in Iran as police raid money changers
World
October 3, 2012
Clashes in Iran as police raid money changers
TEHRAN — A protest and scuffles with police occurred in central Tehran on Wednesday in the first sign of public…
Iran rial plunges as Western sanctions bite
World
October 1, 2012
Iran rial plunges as Western sanctions bite
Iran's rial plunged against the US dollar in open-market trade on Monday, taking its loss in value over the past…