currency crisis

Egyptian exports would rise by 10 percent if and when authorities devalue the pound, Trade and Industry Minister Tarek Kabil…

Egypt's parliament on Tuesday set prison sentences of between three and 10 years in jail and fines of up to…

Egypt's central bank governor said on Wednesday that the time was not right to float the Egyptian pound, which has…

Egypt's central bank raised its key interest rates by 100 basis points on Thursday to their highest levels in years,…

Nigeria's central bank said on Wednesday it would begin "purely" market-driven foreign currency trading next week, abandoning its 16-month peg…

Car prices have soared in Egypt over the past years, prompting a group of frustrated would-be buyers to start a…

Damascus has announced measures to halt the fall of Syria's currency, but traders expressed doubt it would work after the…

A unified exchange rate for US dollars will be reset each day to ensure stability for currency rates, according to…

Food prices will not be affected by recent hikes in US dollar rates against the Egyptian pound, President Abdel Fattah…

Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use…