Tag: dollar

Wheat inventories sufficient for 10 months

Government officials announced that Egypt’s current overall wheat inventories will cover the…

Daily News Egypt Daily News Egypt

CAPMAS: Trade deficit jumps 28.8% year-on-year in November

Exports fell by 1.5%, while imports jumped 14.4% during the same period

Mohamed Salah Mohamed Salah

Central Bank dollar supply continues to shrink

$37.8m were sold at a forex auction which began last December at…

Mohamed Salah Mohamed Salah

Shura Council seeks national consensus on sukuk

New draft law for sukuk aims to help the Egyptian economy recover…

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Rebel Economy Wrap

Breather rather than a new equilibrium

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Price of dollar nears EGP 7 after last week’s transactions

Nears EGP 7.30 on the black market, the highest rate recorded since…

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Rebel Economy Wrap

Two former central bank governors on Egypt currency woes

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Traders differ on impact of EGP devaluation

Exporters see an opportunity while importers see disaster in devaluation of currency

Liliana Mihaila Liliana Mihaila

Asian markets higher despite eurozone uncertainty

Asian markets remain higher, following Germany refusal to take action towards the…

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European stocks rise, euro falls, bond yields ease

European and US stock markets mostly rose on Monday while the euro…

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