US dollar

In Egypt, medicines disappear from shelves as dollar crisis bites
Egypt

In Egypt, medicines disappear from shelves as dollar crisis bites

Nahed Ibrahim has scoured Egypt in vain to find a regular supply of medication to help her mother to recover…
Egypt to set 2016-17 budget at devalued exchange rate
Business

Egypt to set 2016-17 budget at devalued exchange rate

Egypt is preparing its 2016-2017 budget on the basis of an exchange rate of LE8.25 to the dollar, as compared…
Egyptian pound slips further on black market, official rate unchanged
Business

Egyptian pound slips further on black market, official rate unchanged

The Egyptian pound continued to weaken on the black market on Sunday, piling more pressure on the central bank to…
Egyptian pound steady at forex sale, stronger on black market
Business

Egyptian pound steady at forex sale, stronger on black market

The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but strengthened on the…
Dollar surges against Egyptian pound after cbank raises cap on deposits
Business

Dollar surges against Egyptian pound after cbank raises cap on deposits

The dollar surged against the Egyptian pound on the black market on Wednesday, a day after the central bank raised…
Egyptian pound steady at forex sale, weaker on black market
Business

Egyptian pound steady at forex sale, weaker on black market

Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Tuesday but the…
Egyptian pound steady at forex sale, strengthened on black market
Business

Egyptian pound steady at forex sale, strengthened on black market

Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Sunday but the…
Egyptian pound steady at forex sale, weaker on black market
Business

Egyptian pound steady at forex sale, weaker on black market

Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Thursday, but the…
Suez Canal revenues down 5.3% in 2015: chief
Business

Suez Canal revenues down 5.3% in 2015: chief

Egypt’s Suez Canal revenues dropped by 5.3 percent in 2015 to US$5,175 billion, down from US$5,465 billion, Suez Canal Authority…
Egypt shuns Qatari offer to renew dollar deposits
Business

Egypt shuns Qatari offer to renew dollar deposits

Egypt has turned down a Qatari offer through intermediaries to extend the grace period for paying back bonds worth US$1…
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