currency devaluation

Economists have attributed the recent rise in the US dollar against the Egyptian pound to a combination of domestic and…

Cabinet Spokesperson Counselor Mohamed al-Hamasy stated that Prime Minister Mostafa Madbouly clearly indicated in the weekly press conference that Egypt…

The head of the International Monetary Fund (IMF) mission in Egypt, Ivanna Vladkova Hollar, said that there are no reforms…

Banking expert Hany Abul-Fotouh explained that the exchange rate policies followed globally involve either linking the country’s currency to another…

A former advisor to the International Monetary Fund (IMF) Fakhry al-Fiqi said Saturday that the second review to the Egyptian…

Speculations have gone viral about the possibility of Egypt devaluing its own currency, despite Egyptian President Abdel Fattah al-Sisi asserting…

Citigroup anticipates that the Central Bank of Egypt may resort to delaying the devaluation of the Egyptian pound against the…

Governor of the Central Bank of Lebanon (Banque du Liban) Riad Salameh said Lebanon will adopt a new official exchange…

The International Monetary Fund said on Friday that exchange rate flexibility is important for Egypt. “In the past, a heavily…

Ahmed al-Zainy, Chairman of the Building Materials Division, at the Federation of Egyptian Chambers of Commerce (FEDCOC), said that there…