Ezz Steel expects to reduce its losses gradually due to pound’s flotation
The flotation and the increase in steel prices globally are pushing the…
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…
US dollar registers new peak, jumps to EGP 19 at HSBC
The US dollar price jumped against the Egyptian pound to register its…
US dollar exceeds EGP 18 at CBE for first time since flotation
Analysts play down impact of recent terrorist events on future of the…
Repatriating profits of foreign companies pushes Egyptian pound down against US dollar
The price of the national currency saw devaluation on Wednesday, reaching EGP…
Pound recovers from its lowest level against the US dollar since flotation
The Egyptian pound has regained some of its strength against the US…
US dollar exchange records EGP 18.25 at banks on Thursday
The US dollar exchange rate against the Egyptian pound witnessed huge fluctuations…
Egyptian pound continues to decline against US dollar at banks
The currency exchange is governed by supply and demand, says CBE and…
CBE allows banks to direct part of US dollar-denominated proceeds to cover temporary overdrafts on customer accounts
The Central Bank of Egypt (CBE) has allowed banks working in the…
US dollar exchange rate against Egyptian pound continues to rise at banks, CBE on Thursday
Prior to the CBE’s decision to float the currency on 3 November,…
