devaluation of Egyptian pound
No major devaluation planned for the Egyptian Pound: Cabinet Spokesperson
Business
November 7, 2024
No major devaluation planned for the Egyptian Pound: Cabinet Spokesperson
Cabinet Spokesperson Counselor Mohamed al-Hamasy stated that Prime Minister Mostafa Madbouly clearly indicated in the weekly press conference that Egypt…
US dollar exchange rate against the Egyptian pound on Friday
Business
July 5, 2024
US dollar exchange rate against the Egyptian pound on Friday
The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on…
Egypt postpones flotation of pound for 60 days: Citigroup
Business
May 19, 2023
Egypt postpones flotation of pound for 60 days: Citigroup
Despite much anticipation about the approaching date of floating the Egyptian pound, a report by Citigroup expects the decision to…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
Main Slider
January 11, 2023
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…