Egyptian pound devaluation

Egypt receives third tranche of IMF program worth $820 million
Economy

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

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

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

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

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

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

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

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
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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…
Wednesday’s US dollar to Egyptian pound exchange rates
Business

Wednesday’s US dollar to Egyptian pound exchange rates

US dollar exchange rate is stable on Wednesday in several Egyptian banks. The prices of the US dollar witnessed remarkable…
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