floating the Egyptian pound

Egyptian pound approaches 20 to US dollar in banks
Business

Egyptian pound approaches 20 to US dollar in banks

The Egyptian pound depreciated further against the dollar in some banks mid-Tuesday, reaching a selling price of 19.75 compared to…
Egypt’s Sisi says pound will strengthen over coming months
Egypt

Egypt’s Sisi says pound will strengthen over coming months

Egyptian President Abdel Fattah al-Sisi said on Thursday that the country's currency, the pound, was not valued fairly against the…
Currency drop hits Egypt’s medicine supplies, angering public
Business

Currency drop hits Egypt’s medicine supplies, angering public

Pharmacies across Egypt are running short of medicines, some of them life-savers, as a plunge in the value of the…
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