Tag: informal market

The informal market returns to scene of US dollar crisis

USD price at banks stood at EGP 17.55 to buy, and EGP…

Hisham Salah Hisham Salah

Return to normal demand on US dollar in informal market

CBE allocates the value of Tuesday’s tender to cover imports of medicines,…

Hossam Mounir Hossam Mounir

US dollar loses EGP 0.10 on informal market reaching EGP 12.40

Informal market started lowering the selling prices of the US dollar after…

Adel M. Fakhry Adel M. Fakhry

US dollar loses over 50 piastres on informal market following announcement of $12bn loan from IMF

The US dollar is likely to see more depreciation in the coming…

Hossam Mounir Hossam Mounir

CBE fixes dollar price in Tuesday auction, dollar remains stable in informal market

Through its weekly auction, the CBE sells dollars to banks working in…

Hossam Mounir Hossam Mounir

Steep decline expected in dollar exchange rate on informal market Tuesday

Importers stopped buying dollars and the dollar’s valye will decline by EGP…

Hossam Mounir Hossam Mounir

Amer denies plans to devalue Egyptian pound after its price falls in informal market

While the dollar is scarce, trader's speculation has also driven inflation, says…

Hossam Mounir Hossam Mounir

US dollar records EGP 11 in informal market Tuesday: traders

The CBE provides the US dollar to banks in the local market…

Mohamed Ayyad Mohamed Ayyad