US dollar exchange rate

Experts predict stable exchange rate for US dollar in second half of 2017
Business

Experts predict stable exchange rate for US dollar in second half of 2017

Some investment experts are predicting that the Egyptian pound will regain some strength against the US dollar during the second…
Will the Chinese yuan truly relieve Egypt’s need for US dollar?
Business

Will the Chinese yuan truly relieve Egypt’s need for US dollar?

China's yuan joined the International Monetary Fund's basket of reserve currencies in October alongside the US dollar, the euro, the…
US dollar exchange rate surpasses LE18
Business

US dollar exchange rate surpasses LE18

The exchange rate of the US dollar continued to rise against the Egyptian pound on Wednesday, to surpass LE18, the…
Banks collect US$4.9 bn in 4 weeks: banking source
Business

Banks collect US$4.9 bn in 4 weeks: banking source

Egyptian banks collected US$4.9 billion from  the currency exchange operations of citizens since the flotation of the pound on November…
AUC students continue protests against tuition fees hike
Egypt

AUC students continue protests against tuition fees hike

Hundreds of students at the American University in Cairo (AUC) protested on Monday demanding a fixed set of tuition fees…
Gold prices rise on back of dollar shortage: traders
Business

Gold prices rise on back of dollar shortage: traders

Gold prices rose on Sunday, with a pound of gold valued at LE5,040, while a gram of 24-carat gold cost…
Egyptian pound steady in regular dollar sale, weaker on black market
Business

Egyptian pound steady in regular dollar sale, weaker on black market

Egypt's central bank kept the Egyptian pound steady against the dollar at Tuesday's weekly auction of foreign currency, but the…
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…
Egyptian pound steady on official, stronger on black market
Business

Egyptian pound steady on official, stronger on black market

 Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Sunday,…
Egyptian pound steady on official market, firms on black market
Business

Egyptian pound steady on official market, firms on black market

Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Monday,…
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