Tag: egyptian pound

Egyptian pound rate to improve in H2 of 2017: Mehrem

The fair price of the US dollar is EGP 7-9, and it…

Hossam Mounir

After full flotation of Egyptian pound, US dollar price targets cannot be specified: Aboul Fotouh

US dollar not expected to make large gains against the pound in…

Hossam Mounir

CBE to meet 8 times in 2017 to determine future of Egyptian pound’s interest rate

Direction of interest rate depends on inflation and government strategy, say analysts

Hossam Mounir

CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes

The bank said in a statement on Thursday that it has printed…

Hossam Mounir

Uncertainty clouds future of interest rate on Egyptian pound

The Monetary Policy Committee will hold its last meeting in 2016 on…

Hossam Mounir

World Bank approves second tranche as Egyptian pound falls, US dollar nears EGP 20

EGX hits record high on expense of the Egyptian pound

Hossam Mounir

When will the Egyptian market stablise?

What we see happening now is normal, but we’re not used to…

Hossam Mounir

US dollar slips more than EGP 0.22 at CBE on Thursday

In private banks, dollar prices ranged between EGP 18.20 and EGP 18.50…

Hossam Mounir

Repatriating profits of foreign companies pushes Egyptian pound down against US dollar

The price of the national currency saw devaluation on Wednesday, reaching EGP…

Hossam Mounir

Egyptian pound continues to decline against US dollar at banks

The currency exchange is governed by supply and demand, says CBE and…

Hossam Mounir