US dollar
Will evaluating the Egyptian pound against ruble affect the price of the dollar in Egypt?
Business
January 19, 2023
Will evaluating the Egyptian pound against ruble affect the price of the dollar in Egypt?
The Central Bank of Russia has announced on Wednesday the official rates of the ruble against nine other foreign currencies.…
Egyptian expats in the US to support home economy with US$2 billion
Business
January 14, 2023
Egyptian expats in the US to support home economy with US$2 billion
The Egyptian community in the United States of America launched the “Be Positive, Egyptian” initiative to support the Egyptian economy,…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
Main Slider
January 11, 2023
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…
Egypt rationalizes spending on US dollar-consuming projects
Egypt
January 10, 2023
Egypt rationalizes spending on US dollar-consuming projects
Egypt’s government on Monday moved to postpone any new projects not yet implemented and with a clear US dollar component,…
What is the impact of CBE’s decisions on dollar prices on the black market during 2023?
Business
January 4, 2023
What is the impact of CBE’s decisions on dollar prices on the black market during 2023?
A large part of the previous rise in the price of the US dollar has come as a result of…
Egypt’s government assures US dollar crisis is on its way to a solution
Egypt
January 1, 2023
Egypt’s government assures US dollar crisis is on its way to a solution
The spokesperson for the Egyptian Cabinet, Nader Saad, said that the US dollar crisis is on its way to being…
Egypt will start collecting train ticket prices in US dollars from foreigners starting January
Egypt
December 28, 2022
Egypt will start collecting train ticket prices in US dollars from foreigners starting January
The Egyptian Transport Minister Kamel al-Wazir announced that the Egyptian National Railway authority (ENR) will start collecting train tickets’…
Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egypt
December 26, 2022
Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egyptian economist Hani Abul-Fotouh said that the withdrawal of foreign currency from outside the country using Egyptian bank cards is…
MP calls on govt to clarify plans about floating the Egyptian pound
Economy
December 8, 2022
MP calls on govt to clarify plans about floating the Egyptian pound
Member of the Egyptian Parliament, Amira Abu Shaqqa, called on the Ministry of Industry and Trade to draw up a…
Hani Genena reveals April as date of US dollar exchange rate stability
Business
November 12, 2022
Hani Genena reveals April as date of US dollar exchange rate stability
Egyptian economist Hani Genena announced that the Central Bank of Egypt’s increase interest rate by three percent in March came…