currency exchange

National Bank of Egypt’s foreign currency exchange rates for Thursday
Business

National Bank of Egypt’s foreign currency exchange rates for Thursday

Thursday’s exchange rates for foreign currencies at the National Bank of Egypt are as follows: The US dollar is LE15.66…
US dollar exchange rate stable during Sunday trading
Economy

US dollar exchange rate stable during Sunday trading

The US dollar exchange rate has been┬ástable┬áduring Sunday trading. The purchasing rate at the National Bank of Egypt and Banque…
US dollar exchange rate continues decline to lowest levels since November
Business

US dollar exchange rate continues decline to lowest levels since November

The US dollar exchange rate fell against the Egyptian pound on Thursday to stand at LE16 for the first time…
Egyptian pound remains stable against US dollar
Business

Egyptian pound remains stable against US dollar

The Egyptian pound remained stable against the US dollar on Monday, selling between EGP 18.75-19.09 to the dollar in some banks.The Commercial…
Rapid currency slide chokes business in Egypt
Business

Rapid currency slide chokes business in Egypt

Business is grinding to a near-halt in Egypt as companies struggle to keep pace with a rapid slide in the…
Egypt suspends 10 foreign exchange bureaus over black market trading
Egypt

Egypt suspends 10 foreign exchange bureaus over black market trading

Egypt's central bank on Monday suspended for one year the licenses of 10 foreign exchange bureaus in Cairo after finding…
Egypt’s illicit currency traders defy crackdown, spread business abroad
Business

Egypt’s illicit currency traders defy crackdown, spread business abroad

Egypt's efforts to stamp out illicit currency trading is pushing black market dealers to carry out transactions abroad, beyond the…
What devaluation? Egyptian currency traders shrug off black market crackdown
Business

What devaluation? Egyptian currency traders shrug off black market crackdown

Egypt's war on black market currency traders is not going to plan. One month after a devaluation that was supposed…
Egyptian pound weakens to record against the dollar on black market
Business

Egyptian pound weakens to record against the dollar on black market

The Egyptian pound fell to an unprecedented low on the black market on Monday, five traders said, as hard currency…
Egypt central bank keeps pound stable at LE8.78 per dollar on Thursday
Business

Egypt central bank keeps pound stable at LE8.78 per dollar on Thursday

The Central Bank of Egypt (CBE) will keep the pound stable at a regular foreign currency auction on Thursday, four…
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