Pound’s flotation on the table since December 2015 as part of an integrated economic reform programme: CBE governor
Amer reveals preparations behind 3 November decisions, saying they were supported by…
Electricity production costs to increase by 40%
The cost of the production of electricity is expected to increase by…
50% increase in gas prices sold to factories due to Egyptian pound’s flotation
Factories' agreements for gas were signed according to the official market rate…
General Division of Computer and Software expects prices to fall by 15% in coming weeks
The head of the FEDCOC said that prices will continue to fall…
Impact of the Egyptian pound’s flotation will be measured in the coming days: experts
The CBE announced on Thursday that it would float the Egyptian pound,…
MPs expect debt repayment allocations to soar to EGP 400bn by fiscal year’s end
Flotation of the Egyptian pound is a bitter medicine, says MP Khalil
CBE instructs exchange bureaux to buy US dollars at EGP 13, sell at EGP 14.35
Exchange bureaux companies operating in the Egyptian market began on Thursday morning…
Floating the Egyptian pound is an excellent step: Naguib Sawiris
Sawiris called on the Egyptian people to support the CBE's decision
CBE consideres obliging banks to not accept foreign currency from anonymous sources
The move aims to lay siege to the informal market and crack…