US dollar
US dollar exchange rate nears LE18
Egypt
March 9, 2017
US dollar exchange rate nears LE18
The US dollar exchange rate increased by 10-15 piasters during morning transactions on Wednesday.The purchasing rate recorded LE17.55 at the…
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…
US dollar rises to varied rates at Egypt’s banks
Business
March 2, 2017
US dollar rises to varied rates at Egypt’s banks
The US dollar exchange rate rose during Thursday's transactions, in the wake of a decline that lasted for more than…
Update: US dollar sees significant increase
Egypt
March 1, 2017
Update: US dollar sees significant increase
US dollar exchange rate experienced a significant increase during Wednesday's transactions.At the National Bank of Egypt, the purchasing rate rose…
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…
CBE solves dollar crisis for companies with short position at US$5 mn
Egypt
February 21, 2017
CBE solves dollar crisis for companies with short position at US$5 mn
Central Bank of Egypt governor (CBE) Tarek Amer approved an agreement with investors to restructure their debts owed to banks…
4 factors to decide future of the pound in short term: Pharos
Business
February 20, 2017
4 factors to decide future of the pound in short term: Pharos
Pharos Holding Investment Bank projected four factors to decide the future of the Egyptian pound exchange rate against the US…
Hermes projects US dollar’s exchange rate at LE14.5 pounds in few weeks
Business
February 20, 2017
Hermes projects US dollar’s exchange rate at LE14.5 pounds in few weeks
EFG-Hermes on Sunday projected the US dollar exchange rate to further decline to LE14.5 over the next few weeks. Ahmed Shams…