Tag: egyptian pound

Looking for investment safe havens, Egyptians turn away from the US dollar

For more than five years, Egyptians have been looking for a safe…

Hisham Salah

State of uncertainty over devaluation of Egyptian pound after president meets CBE governor

A senior banker ruled out any move by the CBE before 11…

Hossam Mounir

Car prices to see new increase when Egyptian pound is floated or devalued: GB Auto

Fluctuations in exchange rates have pushed tyre manufacturers to monitor situation before…

Mohamed Ahmed

Bankers rule out floating Egyptian pound before making official request to borrow from IMF

Fund officials say that a flexible exchange rate for the Egyptian pound…

Hossam Mounir

CBE concludes week without changing pound’s price, contrary to market expectations

Market expectations inclined towards floating the exchange rate or reducing the value…

Hossam Mounir

CBE ends week without changing price of the Egyptian pound

The Central Bank of Egypt also did not hold an exceptional auction…

Hossam Mounir

Contrary to market expectations, CBE fixes US dollar price in its regular auction

The bank directed the auctioned US dollar to cover imports of pharmaceutical…

Hossam Mounir

Egypt struggles to implement IMF’s conditions before board meeting

The foreign exchange reserves registered $19.59bn in September, an increase of 18.2%…

Hossam Mounir

Fully liberalised exchange unlikely: Arqaam Capital

Following Beltone’s research report, Arqaam releases its perspective on the specifics of…

Nicholas Mehling