Foreign currencies hike amid curtailed exchange services by banks
Traders fear the recurrence of last year’s liquidity crisis, which depreciated the…
Central Bank chief: Currency black market won’t last long
The central bank introduced dollar sales last December to help counter a…
Egyptian pound up at dollar sale, black market rates lower
The central bank said it sold $38.8m to banks at its auction,…
Central Bank of Egypt sells $1.3bn in its first exceptional auction
CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday…
Egyptian pound’s value rises
The value of the Egyptian pound recovers slightly after 2-week long depreciation.
Why Egypt’s pound is not strengthening
By Farah Halime, Rebel Economy Take a look at this chart, which…
Gulf aid bolsters Egyptian pound against the US dollar
Egypt receives aid packages from Saudia Arabia, UAE, and Kuwait
Gulf aids bolsters value of local currency
The index of the US dollar internationally declined 1.5%.
