dollar shortage

Egypt's second-largest state-owned lender, Banque Misr, signed a memorandum of understanding with the Industrial and Commercial Bank of China (ICBC)…

Optimism waves receded among economists on Monday, after the US dollar exchange rates rose against the Egyptian pound in banks,…

The Egyptian pound weakened significantly on Sunday as banks scrambled to meet a surge in demand for dollars and the…

The US dollar price jumped on Monday to a new level amid concerns that this state of confusion, which began…

The US dollar has reached a new level, being sold at LE16 at Egyptian banks on Sunday, as banks began…

Two days after Egyptian pound devaluation, banks working in Egypt started to review restrictions on the use of credit and…

Egypt has reached a currency swap agreement with China valued at $2.7 billion, according to a Central Bank of Egypt…

The Egyptian government and the Central Bank of Egypt are involved in ongoing discussions over the timing of the initial…

Egypt cancelled its three and nine month treasury bill auction on Sunday, data from the central bank showed, confounding market…

The Federation of Egyptian Chambers of Commerce (FEDCOC) has called for a rationalization of imports over the next three months,…