Egyptian pound

Weakening Egyptian pound to dollar will not solve economic crisis: expert
Business

Weakening Egyptian pound to dollar will not solve economic crisis: expert

The Central Bank of Egypt governor's decision to raise the price of the Egyptian pound against the US dollar by…
Egypt’s central bank keeps pound at 7.7301 per dollar: forex trader
Business

Egypt’s central bank keeps pound at 7.7301 per dollar: forex trader

Egypt's central bank kept the pound steady at LE7.7301 to the dollar at its official foreign currency auction on Sunday,…
ANALYSIS-Egypt’s revaluation: a prelude to unshackling the pound?
Business

ANALYSIS-Egypt’s revaluation: a prelude to unshackling the pound?

Egypt's revaluation of the pound this week has raised expectations of a major shift in how it manages a long-running…
UPDATE: Egypt’s c. bank keeps pound at 7.7301 per dollar at official FX auction
Business

UPDATE: Egypt’s c. bank keeps pound at 7.7301 per dollar at official FX auction

Egypt's central bank will hold the pound steady at LE7.7301 to the dollar at its official foreign currency auction on…
UPDATE: Egypt strengthens currency by LE0.20 against dollar
Egypt

UPDATE: Egypt strengthens currency by LE0.20 against dollar

Egypt's central bank strengthened the pound on Wednesday, injecting dollars into a banking system that has been suffering from an…
Egyptian pound steady at dollar sale, lower at parallel market
Business

Egyptian pound steady at dollar sale, lower at parallel market

The Egyptian pound was stable at a dollar sale on Tuesday, with the central bank selling US$37.8 million at a…
Egypt state banks launch products with 12.5% interest rate to support pound
Egypt

Egypt state banks launch products with 12.5% interest rate to support pound

Egypt's two largest state banks have launched savings certificates for Egyptian pounds with an interest rate of 12.5 percent to…
Egyptian pound steady at dollar sale, stronger at parallel market
Business

Egyptian pound steady at dollar sale, stronger at parallel market

The Egyptian pound was stable at a dollar sale on Sunday, as the central bank sold US$37.8 million at a…
Egyptian pound steady at dollar sale, weaker at parallel market
Business

Egyptian pound steady at dollar sale, weaker at parallel market

The Egyptian pound was stable at a dollar sale on Thursday, as the central bank sold $37.8 million at a…
Egyptian pound steady at dollar sale, weaker at parallel market
Business

Egyptian pound steady at dollar sale, weaker at parallel market

The Egyptian pound was stable at a dollar sale on Tuesday as the central bank sold $37.8 million at a…
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