US dollar
CBE grants US$40 billion tender for auction
Business
September 16, 2013
CBE grants US$40 billion tender for auction
Central Bank of Egypt (CBE) granted on Monday a tender of US$40 billion and offered it for auction to banks…
Presidential aide: Egyptian pound will not collapse
Egypt
February 18, 2013
Presidential aide: Egyptian pound will not collapse
The Egyptian pound will not collapse and its incremental depreciation has stabilized, a senior aide to President Mohamed Morsy said…
New Central Bank governor: Pound slide is nothing to worry about
Egypt
January 12, 2013
New Central Bank governor: Pound slide is nothing to worry about
New Central Bank Hesham Ramez said that the current rise of the US dollar against the Egyptian pound is normal…
PM: Egyptian pound to improve against dollar over next period
Egypt
January 1, 2013
PM: Egyptian pound to improve against dollar over next period
The Egyptian pound will improve its standing against the US dollar after being encouraged by political and economic stability over…
Dollar stable against Egyptian pound, exchange officials say
Egypt
June 13, 2011
Dollar stable against Egyptian pound, exchange officials say
US dollar prices remained stable against the Egyptian pound over the past few days despite preparation by foodstuff importers for…
Egypt pound trades at weakest in more than 6 years
Business
March 24, 2011
Egypt pound trades at weakest in more than 6 years
The Egyptian pound traded as weak as 5.9605 to the US dollar on Thursday, its lowest level since January 2005.Bankers…
US dollar continues to rise against the Egyptian pound
Business
March 20, 2011
US dollar continues to rise against the Egyptian pound
The exchange rate of the US dollar continued to rise against the Egyptian pound on Sunday. The Swiss franc, meanwhile,…
Egypt pound closes weaker after banks reopen
Business
February 20, 2011
Egypt pound closes weaker after banks reopen
The Egyptian pound weakened on Sunday after the nation's banks reopened from a three-day closure caused by worker strikes and…
Central Bank opens account for economic rescue contributions
Business
February 14, 2011
Central Bank opens account for economic rescue contributions
The Central Bank of Egypt (CBE) announced Sunday the opening of a new government account to receive contributions to support…
Egyptian pound continues to fall
Business
January 27, 2011
Egyptian pound continues to fall
The Egyptian pound continued to fall Thursday after reaching a six-year low against the US dollar Wednesday.The third day of…