Allocation for CBE’s dollar tender reaches 22.99% on Tuesday
The CBE sold $118.7m US dollars at a fixed price of EGP…
CBE fixes dollar price in Tuesday auction, dollar remains stable in informal market
Through its weekly auction, the CBE sells dollars to banks working in…
Stronger dollar pushes foreign companies away from trading their shares in EGP on EGX
The EGX issued this new rule to allow companies to avoid the…
Negligence of foreign currency resources aggravates ballooning dollar crisis
A decline in revenues from tourism, FDI, the Suez Canal and Egyptian…
Egypt attempts to contain repercussions of pound’s devaluation on food commodities
Armed forces will secure commodities for citizens at prices 50% less than…
Dollar crisis pushes Renault sales down by 73% in January, February 2016
If the currency crisis was controlled, sales would be better, says EIM…
CBE revises mechanism of US dollar allocation
The CBE allocated $120m to banks on Tuesday to finance the import…
Analysts expect further EGP devaluation against dollar
Analysts cannot predict the timing and percentage of devaluation
Dollar shortage most pressing issue in Automech closure
Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles
Dollar deposits jump 2130% following pound devaluation: Amer
Depreciating the pound is a corrective measure in response to currency market…