US dollar exchange rate
Banking expert criticizes CBE policy toward US dollar
Business
January 28, 2015
Banking expert criticizes CBE policy toward US dollar
Banking expert Passant Fahmy criticized previous televised remarks by Central Bank Governor Hisham Ramez in which he said he would…
Expert criticizes CBE decision to increase dollar exchange rate
Business
January 20, 2015
Expert criticizes CBE decision to increase dollar exchange rate
Ahmed Shiha, vice president of the Division of Importers, criticized the Central Bank of Egypt's decision to increase the dollar…
CBE seeks to control black market as dollar rises to LE7.82
Business
December 24, 2014
CBE seeks to control black market as dollar rises to LE7.82
A senior banking source revealed that the Central Bank of Egypt is seeking to control the black market after the…
Egyptian pound steady on official, slightly weaker on black market
Business
December 22, 2014
Egyptian pound steady on official, slightly weaker on black market
The Egyptian pound held steady at a central bank dollar sale on Monday and weakened slightly on the black market.The…
Egyptian pound steady at official auction, stronger on black market
Business
December 4, 2014
Egyptian pound steady at official auction, stronger on black market
Egypt's pound held steady at a central bank dollar sale on Thursday but strengthened on the unofficial market.The bank offered…
Sinai events raise US dollar rate on black market
Business
October 27, 2014
Sinai events raise US dollar rate on black market
The terrorist events in Sinai raised the dollar exchange rate on the black market for up two piasters to LE7.50…
Egypt pound strengthens at central bank currency sale
Business
July 8, 2013
Egypt pound strengthens at central bank currency sale
The Egyptian pound strengthened at a central bank sale of foreign exchange on Monday, hours after violence broke out between…
Central Bank auction temporarily stabilizes dollar-pound exchange rates
Business
January 3, 2013
Central Bank auction temporarily stabilizes dollar-pound exchange rates
Dollar exchange rates in Egyptian banks have stabilized at the amount of LE6.42 for buying and LE6.39 for selling, with…
Egyptian pound continues to drop against US dollar
Business
March 23, 2011
Egyptian pound continues to drop against US dollar
The Egyptian pound continued to drop against the US dollar today after intense selling of stocks by foreign investors on…