Tag: egyptian pound

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…

Mohamed Adel

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,…

Hisham Salah

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

Abdel Razek Al-Shuwekhi

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…

Hossam Mounir

Floating the Egyptian pound is an excellent step: Naguib Sawiris

Sawiris called on the Egyptian people to support the CBE's decision

Daily News Egypt

Egyptian pound devaluation could cause heavy losses for customers with open currency position  

Importers of medicines and commodities priced upon the US dollar’s official rate…

Hossam Mounir

CBE stabilises Egyptian pound’s price against US dollar, ignores market’s expectations again

Analysts ruled out Egyptian pound’s devaluation before 11 November

Hossam Mounir