Egyptian pound
US dollar rate inches up Tuesday
Business
November 21, 2017
US dollar rate inches up Tuesday
The US dollar exchange rate against the Egyptian pound currency increased in several Egyptian banks on Tuesday morning. According to…
US dollar exchange rates witness slight decline
Economy
September 17, 2017
US dollar exchange rates witness slight decline
US Dollar exchange rates declined against the Egyptian pound during banking dealings on Sunday. According to the last price update,…
US dollar rates continue to decline
Economy
July 6, 2017
US dollar rates continue to decline
The price of the US dollar in Egyptian banks has continued to decline against the Egyptian pound for the fourth…
US dollar exchange rate’s decline continues for third consecutive day
Economy
July 5, 2017
US dollar exchange rate’s decline continues for third consecutive day
The US dollar exchange rate witnessed decline against the Egyptian pound for the third day in row. According to the…
US dollar at lowest point in Egypt market in four months
Economy
July 3, 2017
US dollar at lowest point in Egypt market in four months
For the first time in four months, the exchange rate of the US dollar against the Egyptian pound fell below…
Egypt lowers customs exchange rate to 16.5 pounds/$ for April
Egypt
March 31, 2017
Egypt lowers customs exchange rate to 16.5 pounds/$ for April
CEgypt said on Thursday it would set its customs exchange rate to around 10 percent below the market price of…
US dollar rises at various banks Monday
Business
March 6, 2017
US dollar rises at various banks Monday
US dollar exchange rate has seen a new increase on Monday, after fluctuating against the Egyptian pound over the past…
Bloomberg: Egypt’s economy is recovering, EGP climbs faster than expected
Egypt
March 6, 2017
Bloomberg: Egypt’s economy is recovering, EGP climbs faster than expected
The value of the Egyptian pound rose faster than expected, though optimism prevails among Egyptian businessmen societies recently, thanks to…
Egypt’s pound weakens as importers prepare for Ramadan
Egypt
March 2, 2017
Egypt’s pound weakens as importers prepare for Ramadan
The Egyptian pound weakened on Wednesday as importers geared up for the Islamic holy month of Ramadan and foreign currency…
Egypt banks cleared to repatriate foreign firms’ long-held profits
Business
March 1, 2017
Egypt banks cleared to repatriate foreign firms’ long-held profits
Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to repatriate…