Tag: currency

Oriental weavers facing challenges of local currency and Euro depreciation: Khamis

Political and economic turbulences in some export countries reduced exports’ revenues, company…

Daily News Egypt

Amer’s most prominent challenge is employing liquidity in local currency at banks

Banks offered to invest EGP 252bn in CBE deposits for one day…

Hossam Mounir

US see stronger yuan as ‘key’ to China’s success

The US Treasury has soften its long-time stance that China's currency is…

Deutsche Welle

Egypt’s foreign reserves lose $1.76bn in September

International reserves record lowest level in 1.5 years

Hossam Mounir

Bitcoin: ‘Islamic State’s online currency venture

Between Bitcoin and gold, the "Islamic State" is experimenting with currency, marking…

Deutsche Welle

Ruble follows oil price down

Russia's currency has dropped considerably along with the price of crude oil.…

Deutsche Welle

Finance Ministry to issue commemorative currency for New Suez Canal

It will be available to the public by end of August

Daily News Egypt

IMF hesitant to add yuan to its reserve currency basket

The International Monetary Fund has said there will be no quick decision…

Deutsche Welle

CBE expected to allow further devaluation of Egyptian pound: HSBC

Investors remain concerned over companies’ vulnerability to governmental decisions

Sara Aggour