Tag: egyptian pound

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

Member of EFCBC demands urgent floatation of Egyptian pound to avoid bankruptcy of factories

Shortage of US dollars needed to purchase raw materials threatens existing factories

Hossam Mounir

Will Egypt fail?

Soaring prices—the topic du jour in every conversation across all social classes—is…

Noaman Khalid

Local market holds breath in anticipation of large devaluation of Egyptian pound

CBE may either offer exceptional US dollar tender or direct banks to…

Hossam Mounir

Fully fledged float of the Egyptian pound imminent: Beltone Financial

The state may have implied that a currency liberalisation and peg to…

Nicholas Mehling

Devaluation of Egyptian pound increases EGX’s hopes for restoring ‘hot money’

Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions…

Mohamed Ahmed

CBE expected to increase interest rate by 1% on Thursday

High inflation, application of VAT would raise Egyptian pound’s interest rate by…

Hossam Mounir

Egyptian pound’s instability, summer season raise demand on real estate property: Aqarmap

The Aqarmap index revealed continuing high demand for property during August, the…

Shaimaa Al-Aees