Tag: dollar

USD loses over 122 piasters against Egyptian pound since start of 2019

Egypt received strong foreign exchange inflows during the recent period, which has…

Daily News Egypt Daily News Egypt

Drop in US dollar exchange rate cuts auto prices by 3%

Mostafa excludes impact of car sales on dollar

Daily News Egypt Daily News Egypt

US dollar value continues decline against EGP in banks on Monday

The US dollar lost two piasters in the Egyptian National Bank and…

Nehal Samir Nehal Samir

Pound appreciated 84 piasters since beginning of 2019: CBE

US currency is approaching EGP 17 against pound, as foreign exchange flows…

Hossam Mounir Hossam Mounir

Finance Ministry reduces customs dollar for non-essential goods to EGP 17.24

The Ministry of Finance reduced the customs dollar exchange rates for non-essentials…

Daily News Egypt Daily News Egypt

Egypt’s outstanding dollar, euro bonds increase to $23.2bn, €2bn respectively

Maturities of dollar bonds range between 5-30 years, euro bonds between 8-12…

Hossam Mounir Hossam Mounir

EGP liberalisation eliminated all FX shortage

Egypt's payments balance achieved overall surplus of $12.8bn, 5.1% of GDP for…

Hossam Mounir Hossam Mounir

Finance ministry considers increasing customs’ dollar exchange rate, importers oppose

Inflation will rise by 1%, if customs’ dollar exchange increased, says Pharos…

Ahmed Farahat Ahmed Farahat

Customs dollar set at EGP 16 in August: finance minister

Capital Economics expects customs dollar to rise to EGP 19 by year…

Hossam Mounir Hossam Mounir

Growth potential in emerging markets is unaffected by rising dollar

The decline in emerging-market currencies since March is the result of the…

Mathieu Nègre Mathieu Nègre