US dollar
US dollar exchange rate goes up at 10 banks
Business
February 23, 2017
US dollar exchange rate goes up at 10 banks
US dollar exchange rate recorded its highest increase at the Egyptian-Gulf Bank, out of 23 banks operating in Egypt, to…
Eight banks increase US dollar exchange rate
Business
February 21, 2017
Eight banks increase US dollar exchange rate
Eight banks have raised their exchange rates for the US dollar between three to eight piasters, after three weeks of…
CBE solves dollar crisis for companies with short position at US$5 mn
Egypt
February 21, 2017
CBE solves dollar crisis for companies with short position at US$5 mn
Central Bank of Egypt governor (CBE) Tarek Amer approved an agreement with investors to restructure their debts owed to banks…
4 factors to decide future of the pound in short term: Pharos
Business
February 20, 2017
4 factors to decide future of the pound in short term: Pharos
Pharos Holding Investment Bank projected four factors to decide the future of the Egyptian pound exchange rate against the US…
Hermes projects US dollar’s exchange rate at LE14.5 pounds in few weeks
Business
February 20, 2017
Hermes projects US dollar’s exchange rate at LE14.5 pounds in few weeks
EFG-Hermes on Sunday projected the US dollar exchange rate to further decline to LE14.5 over the next few weeks. Ahmed Shams…
US dollar drops to new low of LE15.8 in Egypt’s banks
Egypt
February 19, 2017
US dollar drops to new low of LE15.8 in Egypt’s banks
The US dollar exchange rate continued its decline in banks on Sunday; the lowest rate found in banks was LE15.80…
US dollar continues decline at NBE
Business
February 14, 2017
US dollar continues decline at NBE
The US dollar exchange rate continued its decline at the National Bank of Egypt by 53 piasters on Monday. It…
US dollar at LE17.65 in Egypt banks
Egypt
February 12, 2017
US dollar at LE17.65 in Egypt banks
The US dollar exchange rate continued to decline in banks on Sunday; the lowest rate found in banks was LE17.65…
US dollar exchange rate declines slightly
Business
February 8, 2017
US dollar exchange rate declines slightly
The US dollar exchange rate declined slightly in banks on Wednesday; the lowest rate found in banks was LE18.15 to…
Foreign currency reserves can cover 6 months of imports: CBE
Business
February 8, 2017
Foreign currency reserves can cover 6 months of imports: CBE
The foreign currency reserves at the Central Bank of Egypt (CBE) are able to cover Egypt's imports for a period…