currency
US Dollar to Egyptian pound exchange rate for Monday
Business
March 22, 2021
US Dollar to Egyptian pound exchange rate for Monday
The US dollar to Egyptian pound exchange rate on Monday recorded a low of LE15.63 for purchase and LE15.73 for…
US dollar falls against Egyptian pound on Wednesday
Business
March 3, 2021
US dollar falls against Egyptian pound on Wednesday
The US dollar to Egyptian pound exchange rate decreased by one or two piasters on Wednesday, recording LE15.62 for purchase…
Sudan floats currency, part of measures to overhaul economy
Middle East
February 21, 2021
Sudan floats currency, part of measures to overhaul economy
CAIRO (AP) — Sudan took the unprecedented but expected step of floating its currency Sunday, meeting a major demand by…
US dollar falls at Egyptian banks on Thursday
Business
February 12, 2021
US dollar falls at Egyptian banks on Thursday
The US dollar fell against the Egyptian pound by between one and four piasters at some banks on Thursday, with…
Analysis: Foreigners suspend disbelief, edge back into Turkish markets
Middle East
January 25, 2021
Analysis: Foreigners suspend disbelief, edge back into Turkish markets
ANKARA/NEW YORK (Reuters) – Foreign investors who for years saw Turkey as a lost cause of economic mismanagement are edging…
Syria floats new bank note amid soaring inflation
Middle East
January 25, 2021
Syria floats new bank note amid soaring inflation
DAMASCUS, Syria (AP) — A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the…
Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
Middle East
December 2, 2020
Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan’s promise of a new economic era triggered a foreign-driven rally in the lira,…
Lebanon central bank to give dollars for food imports, defend currency
Middle East
May 21, 2020
Lebanon central bank to give dollars for food imports, defend currency
BEIRUT (Reuters) – Lebanon’s central bank will start providing dollars for food imports as part of “necessary measures” to defend…
CBE to issue environmentally friendly polymer banknotes
Business
January 10, 2020
CBE to issue environmentally friendly polymer banknotes
The Central Bank of Egypt will begin printing environmentally-friendly currency made of polymer upon relocation to its new headquarters in…
Turkish lira slides on trade war unease, hit by ‘flash crash’
Middle East
August 26, 2019
Turkish lira slides on trade war unease, hit by ‘flash crash’
ISTANBUL/ANKARA (Reuters) – The Turkish lira weakened more than 1% against the dollar on Monday, after briefly tumbling to 6.47…