Tag: EGP

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…

Hossam Mounir Hossam Mounir

Dollar devaluation against EGP to contribute in paying-off importers bills: FEI head

CBE provided $1bn from a total of $4bn to meet the requests…

Shaimaa Al-Aees Shaimaa Al-Aees

Dollar officially stable at EGP 8.03, experts expect it to stay fixed until end of 2015

Parallel market confusion amid the decline of the dollar in anticipation of…

Mohamed Ayyad Mohamed Ayyad

CBE will discuss future of interest rate on EGP

According to analysts, MPC is highly expected to keep the major interest…

Hossam Mounir Hossam Mounir

Depreciating EGP postpones foreign investments

Foreign investors are sure that the Egyptian pound will be devalued further

Daily News Egypt Daily News Egypt

CBE stabilises dollar price after 2 increases

Dollar will increase again, and the stable price is temporary, analysts say

Hossam Mounir Hossam Mounir

Government limits collection of value of commodities, services to EGP: Cabinet

Prohibition does not apply to tourists in Egypt, said Cabinet spokesperson

Mohamed Ayyad Mohamed Ayyad

Petroleum Ministry denies airline request to pay for fuel in EGP

Airlines exempted from paying in dollars for a year, import burden disallows…

Mohamed Adel Mohamed Adel

Egyptian pound plunges against the dollar to EGP 7.46

The US dollar exchange value jumped to EGP 7.5 at NBE and…

Hend El-Behary Hend El-Behary