US dollar
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…
US dollar drops to new low of LE15.8 in Egypt’s banks
Egypt
February 19, 2017
US dollar drops to new low of LE15.8 in Egypt’s banks
The US dollar exchange rate continued its decline in banks on Sunday; the lowest rate found in banks was LE15.80…
US dollar continues decline at NBE
Business
February 14, 2017
US dollar continues decline at NBE
The US dollar exchange rate continued its decline at the National Bank of Egypt by 53 piasters on Monday. It…
US dollar at LE17.65 in Egypt banks
Egypt
February 12, 2017
US dollar at LE17.65 in Egypt banks
The US dollar exchange rate continued to decline in banks on Sunday; the lowest rate found in banks was LE17.65…
US dollar exchange rate declines slightly
Business
February 8, 2017
US dollar exchange rate declines slightly
The US dollar exchange rate declined slightly in banks on Wednesday; the lowest rate found in banks was LE18.15 to…
Foreign currency reserves can cover 6 months of imports: CBE
Business
February 8, 2017
Foreign currency reserves can cover 6 months of imports: CBE
The foreign currency reserves at the Central Bank of Egypt (CBE) are able to cover Egypt's imports for a period…
Poultry prices continue to rise, 1kg costs LE44
Business
February 7, 2017
Poultry prices continue to rise, 1kg costs LE44
Poultry prices continued to rise in Egypt markets yesterday, with 1kg of frozen poultry costing LE44, and 1kg of live…
Inflows into Egypt banks register $9 bn since pound flotation: Central Bank official
Business
February 1, 2017
Inflows into Egypt banks register $9 bn since pound flotation: Central Bank official
Total inflows into the Egyptian banking system have reached $9 billion since the Egyptian pound was floated in November, assistant…
Egyptian pound remains stable against US dollar
Business
January 30, 2017
Egyptian pound remains stable against US dollar
The Egyptian pound remained stable against the US dollar on Monday, selling between EGP 18.75-19.09 to the dollar in some banks.The Commercial…