Tag: dollar

Depreciation of customs dollar to EGP 16.25 after four month of stabilisation

Four months of stabilisation in the value of customs dollar at EGP…

Shaimaa Al-Aees Shaimaa Al-Aees

Ministry of Tourism is betting on increasing expenditure rate by year end to reach $85 per person

This spending rate is still weak compared to the other tourist destinations…

Basma Ragab Basma Ragab

Pound strengthens due to market supply and demand mechanism: Amer

The CBE governor told the president that the bank didn’t intervene to…

Daily News Egypt Daily News Egypt

Egypt foreign reserves reaches $31.305 billion in June; Pound steady

The reserves records 29% increase since the beginning of 2017

Elsayed Solyman Elsayed Solyman

Egyptian pound shows signs of correction: Beltone

Total outstanding liability to register at $7.6bn and $12.2bn in FY 2017/18…

Mohamed Samir Mohamed Samir

CBE to remove dollar deposit limits over upcoming months: IMF

The fund’s board votes on the Egyptian economy’s first review within weeks

El Husseiny Hassan El Husseiny Hassan

As raw commodity prices accelerate, food companies likely to reprice products

Milk powder prices hover around 5-years high, sugar rises 7.5% in 2…

Elsayed Solyman Elsayed Solyman

Egypt’s foreign exchange reserves reach new high since March 2011, thanks to new dollar bonds

The foreign exchange reserves increased to $31.1bn at the end of May…

Hossam Mounir Hossam Mounir

Worst week for dollar since Trump election

The greenback has been on track to record its worst week against…

Deutsche Welle Deutsche Welle