Egyptian pound

Egyptian pound falls to lowest since June 2006
Business

Egyptian pound falls to lowest since June 2006

The Egyptian pound weakened to 5.7580 against the US dollar on Wednesday, its lowest since June 2006, with dealers in…
Political ambiguity may push Egyptian pound down
Business

Political ambiguity may push Egyptian pound down

Egypt's currency seems unlikely to rebound substantially from 3-1/2 year lows any time soon because investor appetite for Egyptian assets…
Economists fear impact of Egypt pound’s slide against dollar
Business

Economists fear impact of Egypt pound’s slide against dollar

After declining sharply since mid-July, the Egyptian pound fell to 5.69 against the US dollar on Wednesday, representing its lowest…
Egypt pound reaches 3-1/2 year low against dollar
Business

Egypt pound reaches 3-1/2 year low against dollar

The Egyptian pound reached a 3-1/2 year low against the dollar on Wednesday as risk-averse investors switched into US treasuries…
Euro debt crisis stifles Egypt pound NDF market
Business

Euro debt crisis stifles Egypt pound NDF market

The Egyptian pound non-deliverable forwards market has almost ground to a halt in recent weeks as buyers flee risk because…
Dollar stabilizes against Egyptian pound
Business

Dollar stabilizes against Egyptian pound

The US dollar has stabilized against the Egyptian pound after rising by LE0.10 last month. The selling rate for the…
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