Tag: egyptian pound

Egyptian pound to weaken further by year-end: FocusEconomics

The Egyptian pound is expected to end calendar year (CY) 2023 at…

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Cairo sees both US dollar, Egyptian pound as options to value state assets: Bloomberg

The choice of currency in valuing the stakes is shaping up as…

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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…

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Economic reforms give Egyptian pound flexibility, resistance against shocks: Hala El-Said

Most international institutions have praised Egypt’s economy, steps taken by government to…

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Egyptian pound continues upmove against US dollar on increased FX inflows

Egypt buoyed up by recent IMF’s, international market’s cash injections estimated at…

Hossam Mounir Hossam Mounir

US dollar depreciates by 19 piasters against Egyptian pound last week

Egypt’s import bill has generally decreased, on back of commensurate decrease in…

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US dollar appreciation against Egyptian pound deepens mobile market losses

Mobile prices also affected by higher shipping costs on back of global…

Mohamed Alaa El-Din Mohamed Alaa El-Din

New IMF loan slows down US dollar appreciation against Egyptian pound

Egypt’s foreign reserves fall to $36.0037bn in May, from $37.037bn in April,…

Hossam Mounir Hossam Mounir

Recent devaluation of Egyptian pound against US dollar normal, temporary: banking pundit

Like all currencies worldwide, local currency bound to be affected by current…

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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…

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