Tag: dollar

CBE receives 33 offers worth $1.298bn to cover US dollar-denominated T-bill issuance

The CBE launched this tender on Monday at a value of $1.05bn…

Hossam Mounir Hossam Mounir

Egyptian pound appreciates 30 piasters against US dollar in 2020 despite COVID-19

Local currency is likely to see further gains against US dollar in…

Daily News Egypt Daily News Egypt

After 4 years, Egypt’s exchange rate liberalisation proves its economic boon

Egypt sees $400bn in foreign exchange flows since decision enforced in November…

Hossam Mounir Hossam Mounir

Dollar adds 6 pt for its value against Egyptian pound, records EGP 15.65 at end of Monday’s trading

On Monday, the official price of the dollar at the Central Bank…

Hossam Mounir Hossam Mounir

Three-year anniversary of Egypt’s free floating exchange

FX reserves up by $25.618bn, exchange rate and inflation fall, and public…

Hossam Mounir Hossam Mounir

Egypt to offer dollar-denominated T-Bonds, selects five lenders

The ministry said that the offering comes to exploit most of the…

Daily News Egypt Daily News Egypt

EGP to increase by 3.5% reaching EGP16 per $1 by beginning of 2020: OBG

The OBG explained that it expects an increase in the EGP value…

Nehal Samir Nehal Samir

Unifying foreign currency rate is a positive step: Tawfik

Car prices will not be affected by “liberalisation of customs exchange rate,”…

Yara El-ganiny Yara El-ganiny

Customs dollar liberalisation assures authorities’ trust in pound stabilisation: experts

Decision has a limited impact on market prices, says Abo Basha

Hagar Omran Hagar Omran

Egypt scraps customs dollar; price to depend on CBE exchange rate

Government sources told Daily News Egypt that the decision was taken by…

Daily News Egypt Daily News Egypt