Tag: Pound

Egypt foreign reserves reaches $31.305 billion in June; Pound steady

The reserves records 29% increase since the beginning of 2017

Elsayed Solyman Elsayed Solyman

Egyptian pound shows signs of correction: Beltone

Total outstanding liability to register at $7.6bn and $12.2bn in FY 2017/18…

Mohamed Samir Mohamed Samir

Banking system receives $54bn since pound flotation in November 2016

Proceeds are distributed as $25bn funding, $9bn government debt instruments investments, $20bn…

Mohamed Ayyad Mohamed Ayyad

Foreigners’ investments in Egyptian treasury bills reach EGP 145.8bn following pound’s flotation

Foreign investors' bids for treasury bills registered EGP 2.8bn on Tuesday, while…

Daily News Egypt Daily News Egypt

Britain’s new 1-pound coin goes into circulation

Just before officially triggering the Brexit process, Britain is marking the launch…

Deutsche Welle Deutsche Welle

Strong fluctuations of pound against the dollar over the upcoming period

The dollar's rate ranging between EGP 14 and EGP 15.5 achieves the…

Hossam Mounir Hossam Mounir

The reason behind the rise of Egypt’s foreign currency reserves remains unknown

Since the 25 January Revolution in 2011, Egypt’s foreign currency reserves were…

Hisham Salah Hisham Salah

Brexit: Pound recovering before Supreme Court ruling

On Tuesday, the British Supreme Court will decide whether Parliament should vote…

Deutsche Welle Deutsche Welle

Banks, pharmaceutical shares expected to attract investors in 2017

The flotation of the Egyptian pound will play an influential role in…

Mohamed Ahmed Mohamed Ahmed

Companies face fluctuations of pound with ‘various scenarios’ strategy in 2017

Two scenarios to deal with the increase and decrease of the US…

Mohamed Ahmed Mohamed Ahmed