currency exchange

Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egypt

Limiting use of bank cards abroad prevents manipulation, says Egyptian expert

Egyptian economist Hani Abul-Fotouh said that the withdrawal of foreign currency from outside the country using Egyptian bank cards is…
Russian ruble rises against the US dollar, hitting highest level since 2015
Economy

Russian ruble rises against the US dollar, hitting highest level since 2015

The Russian ruble rose against the US dollar, hitting its highest level since July 2015. This could raise the Russian…
US dollar exchange rate increases slightly on Wednesday
Business

US dollar exchange rate increases slightly on Wednesday

  Most of the foreign exchange rates announced on Wednesday morning by the National Bank of Egypt decreased, while the…
National Bank of Egypt’s foreign currency exchange rates for Thursday
Business

National Bank of Egypt’s foreign currency exchange rates for Thursday

Thursday’s exchange rates for foreign currencies at the National Bank of Egypt are as follows: The US dollar is LE15.66…
US dollar exchange rate stable during Sunday trading
Economy

US dollar exchange rate stable during Sunday trading

The US dollar exchange rate has been stable during Sunday trading. The purchasing rate at the National Bank of Egypt and Banque…
US dollar exchange rate continues decline to lowest levels since November
Business

US dollar exchange rate continues decline to lowest levels since November

The US dollar exchange rate fell against the Egyptian pound on Thursday to stand at LE16 for the first time…
Egyptian pound remains stable against US dollar
Business

Egyptian pound remains stable against US dollar

The Egyptian pound remained stable against the US dollar on Monday, selling between EGP 18.75-19.09 to the dollar in some banks.The Commercial…
Rapid currency slide chokes business in Egypt
Business

Rapid currency slide chokes business in Egypt

Business is grinding to a near-halt in Egypt as companies struggle to keep pace with a rapid slide in the…
Egypt suspends 10 foreign exchange bureaus over black market trading
Egypt

Egypt suspends 10 foreign exchange bureaus over black market trading

Egypt's central bank on Monday suspended for one year the licenses of 10 foreign exchange bureaus in Cairo after finding…
Egypt’s illicit currency traders defy crackdown, spread business abroad
Business

Egypt’s illicit currency traders defy crackdown, spread business abroad

Egypt's efforts to stamp out illicit currency trading is pushing black market dealers to carry out transactions abroad, beyond the…
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