Egyptian pound
US dollar exchange rate’s decline continues for third consecutive day
Economy
July 5, 2017
US dollar exchange rate’s decline continues for third consecutive day
The US dollar exchange rate witnessed decline against the Egyptian pound for the third day in row. According to the…
US dollar at lowest point in Egypt market in four months
Economy
July 3, 2017
US dollar at lowest point in Egypt market in four months
For the first time in four months, the exchange rate of the US dollar against the Egyptian pound fell below…
Egypt lowers customs exchange rate to 16.5 pounds/$ for April
Egypt
March 31, 2017
Egypt lowers customs exchange rate to 16.5 pounds/$ for April
CEgypt said on Thursday it would set its customs exchange rate to around 10 percent below the market price of…
US dollar rises at various banks Monday
Business
March 6, 2017
US dollar rises at various banks Monday
US dollar exchange rate has seen a new increase on Monday, after fluctuating against the Egyptian pound over the past…
Bloomberg: Egypt’s economy is recovering, EGP climbs faster than expected
Egypt
March 6, 2017
Bloomberg: Egypt’s economy is recovering, EGP climbs faster than expected
The value of the Egyptian pound rose faster than expected, though optimism prevails among Egyptian businessmen societies recently, thanks to…
Egypt’s pound weakens as importers prepare for Ramadan
Egypt
March 2, 2017
Egypt’s pound weakens as importers prepare for Ramadan
The Egyptian pound weakened on Wednesday as importers geared up for the Islamic holy month of Ramadan and foreign currency…
Egypt banks cleared to repatriate foreign firms’ long-held profits
Business
March 1, 2017
Egypt banks cleared to repatriate foreign firms’ long-held profits
Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to repatriate…
US dollar exchange rate goes up at 10 banks
Business
February 23, 2017
US dollar exchange rate goes up at 10 banks
US dollar exchange rate recorded its highest increase at the Egyptian-Gulf Bank, out of 23 banks operating in Egypt, to…
Eight banks increase US dollar exchange rate
Business
February 21, 2017
Eight banks increase US dollar exchange rate
Eight banks have raised their exchange rates for the US dollar between three to eight piasters, after three weeks of…
US dollar exchange rate continues decline to lowest levels since November
Business
February 17, 2017
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…