US dollar exchange rate
US dollar exchange rate sees slight increase at banks
Business
January 26, 2017
US dollar exchange rate sees slight increase at banks
The US dollar exchange rate appreciated gradually during transactions on Thursday at five banks: the National Bank of Egypt (NBE), Banque…
Hermes projects US dollar at LE15 by the end of 2017
Business
January 24, 2017
Hermes projects US dollar at LE15 by the end of 2017
EFG Hermes investment bank is expecting improvement in the Egyptian pound exchange rate by the end of the current year…
Egypt fixes customs dollar exchange rate to help importers
Business
January 18, 2017
Egypt fixes customs dollar exchange rate to help importers
Egypt will fix its customs dollar exchange rate and adjust it on a monthly basis to help importers better cope…
Experts predict stable exchange rate for US dollar in second half of 2017
Business
December 28, 2016
Experts predict stable exchange rate for US dollar in second half of 2017
Some investment experts are predicting that the Egyptian pound will regain some strength against the US dollar during the second…
Will the Chinese yuan truly relieve Egypt’s need for US dollar?
Business
December 14, 2016
Will the Chinese yuan truly relieve Egypt’s need for US dollar?
China's yuan joined the International Monetary Fund's basket of reserve currencies in October alongside the US dollar, the euro, the…
US dollar exchange rate surpasses LE18
Business
December 14, 2016
US dollar exchange rate surpasses LE18
The exchange rate of the US dollar continued to rise against the Egyptian pound on Wednesday, to surpass LE18, the…
Banks collect US$4.9 bn in 4 weeks: banking source
Business
December 2, 2016
Banks collect US$4.9 bn in 4 weeks: banking source
Egyptian banks collected US$4.9 billion from the currency exchange operations of citizens since the flotation of the pound on November…
AUC students continue protests against tuition fees hike
Egypt
November 15, 2016
AUC students continue protests against tuition fees hike
Hundreds of students at the American University in Cairo (AUC) protested on Monday demanding a fixed set of tuition fees…
Gold prices rise on back of dollar shortage: traders
Business
October 31, 2016
Gold prices rise on back of dollar shortage: traders
Gold prices rose on Sunday, with a pound of gold valued at LE5,040, while a gram of 24-carat gold cost…
Egyptian pound steady in regular dollar sale, weaker on black market
Business
October 11, 2016
Egyptian pound steady in regular dollar sale, weaker on black market
Egypt's central bank kept the Egyptian pound steady against the dollar at Tuesday's weekly auction of foreign currency, but the…