US dollar
Egypt pound trades at weakest in more than 6 years
Business
March 24, 2011
Egypt pound trades at weakest in more than 6 years
The Egyptian pound traded as weak as 5.9605 to the US dollar on Thursday, its lowest level since January 2005.Bankers…
US dollar continues to rise against the Egyptian pound
Business
March 20, 2011
US dollar continues to rise against the Egyptian pound
The exchange rate of the US dollar continued to rise against the Egyptian pound on Sunday. The Swiss franc, meanwhile,…
Egypt pound closes weaker after banks reopen
Business
February 20, 2011
Egypt pound closes weaker after banks reopen
The Egyptian pound weakened on Sunday after the nation's banks reopened from a three-day closure caused by worker strikes and…
Central Bank opens account for economic rescue contributions
Business
February 14, 2011
Central Bank opens account for economic rescue contributions
The Central Bank of Egypt (CBE) announced Sunday the opening of a new government account to receive contributions to support…
Egyptian pound continues to fall
Business
January 27, 2011
Egyptian pound continues to fall
The Egyptian pound continued to fall Thursday after reaching a six-year low against the US dollar Wednesday.The third day of…
Egypt pound falls to 6-year low after protests
Business
January 26, 2011
Egypt pound falls to 6-year low after protests
Egypt's pound fell on Wednesday to its lowest level against the US dollar since January 2005 after the biggest anti-government…
Tunisia unrest hits Egypt stocks, currency, debt
Business
January 17, 2011
Tunisia unrest hits Egypt stocks, currency, debt
Egyptian stocks posted their biggest drop in seven months and the pound dipped to its weakest against the dollar in…
Egypt pound hits 5.8 to the dollar; food prices inch upwards
Business
December 30, 2010
Egypt pound hits 5.8 to the dollar; food prices inch upwards
Food prices were subject to several incremental increases this year due to a corresponding rise in the value of the…
Bank official: CBE not behind Egypt pound surge against dollar
Business
November 7, 2010
Bank official: CBE not behind Egypt pound surge against dollar
The recent jump in the Egyptian pound's value against the US dollar was not caused by intervention on the part…
Egypt pound leaps against dollar after Fed move
Business
November 4, 2010
Egypt pound leaps against dollar after Fed move
The Egyptian pound leaps as high as 5.71 against the dollar on Thursday from 5.7765 on Wednesday after the US…