$1 reaches EGP 7.47 on official selling market
CBE’s Monday dollar auction ended with $1 standing at EGP 7.43
Dollar to reach EGP 8 by the end of June: Emirates NDB
Depreciation can happen at a faster pace, the bank says
Pound value depreciation continues, dollar reaches EGP 7.34
Dollar’s value increases to EGP 7.38 at NBE and Banque Misr
Low value of EGP enhances investor appetite
Market analysts expect better foreign investor purchases and higher inflation rates
Dollar value rises to EGP 7.19, further 5% devaluation expected
Government faces pressure to combat black market before the March Economic Summit
State of the currency exchange market
On the black market, the lowest selling price for the US dollar…
2% growth in construction sector: Gleeds Construction Consultancy
Sector growth remains despite rise in prices of cement, concrete and steel
Private business accounts for 63.2% of credit facilities end of March: CBE report
Central bank announces 2.6% increase in total credit facilities
Egyptian pound continues to depreciate against US dollar
The value of $1 stands at EGP 7.16 on 22 May, compared…
Bank of America expects continued EGP depreciation
EGP value against dollar slumps after CBE’s foreign exchange auction to record…