Egyptian pound devaluation
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister
Main Slider
November 29, 2024
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister
Prime Minister Mostafa Madbouly addressed concerns about the Egyptian pound’s exchange rate during a press conference on Thursday. He assured…
Egypt receives third tranche of IMF program worth $820 million
Economy
August 2, 2024
Egypt receives third tranche of IMF program worth $820 million
Mostafa Madbouly, Prime Minister, chaired on Thursday the first meeting of the Coordination Council for Financial and Monetary Policies, in…
US dollar exchange rate against the Egyptian pound on Friday
Business
July 19, 2024
US dollar exchange rate against the Egyptian pound on Friday
The exchange rate between the US dollar and the Egyptian pound remained stable during the bank holiday on Friday, after…
US dollar exchange rates at major Egyptian banks on Friday
Business
July 12, 2024
US dollar exchange rates at major Egyptian banks on Friday
The dollar exchange rate against the Egyptian pound remained stable on Friday. Below is Friday’s dollar exchange rate National Bank…
Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report
Business
December 8, 2023
Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report
The exchange rate of the Egyptian pound is likely to decline by about 30 percent during the first quarter of…
Egyptian pound to be devalued in September/October: Morgan Stanley
Business
August 2, 2023
Egyptian pound to be devalued in September/October: Morgan Stanley
US investment bank Morgan Stanley anticipates that the Egyptian pound’s exchange rate against foreign currencies will further decline during September…
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…
US dollar exchange rate continues to soar against Egyptian pound
Business
August 31, 2022
US dollar exchange rate continues to soar against Egyptian pound
The US dollar exchange rates witness a slight rise in Egyptian banks on Wednesday: The US dollar against the Egyptian…
Monday’s euro to Egyptian pound exchange rates
Business
August 29, 2022
Monday’s euro to Egyptian pound exchange rates
The euro exchange rate maintained stable rates in Egyptian banks on Monday. Banque Misr and the National Bank of Egypt LE…
Monday’s US dollar to Egyptian pound exchange rates
Main Slider
August 29, 2022
Monday’s US dollar to Egyptian pound exchange rates
The US dollar exchange rate maintained stable rates in Egyptian banks on Monday. The US dollar against the Egyptian pound…