Stabilising US dollar exchange rate, CBE confuses dollar holders once again
The CBE directed banks to allocate foreign currency for imports of medication
Increase of US dollar exchange rate supports chances of exporting MCV buses: Ghabbour
The group is targeting to export 150 hybrid buses to London this…
Car companies halt sales, adjust pricing policies
The government should set a special US dollar price for car imports,…
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…
US dollar shortage threatens NCMP EGP 1.2bn expansion plan
The National Company for Maize Products (NCMP) is considering temporarily suspending its…
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…
Dollar shortage created an inflationary recession in the local market: investors
Manufacturers rely on the informal market for US dollars, and securing 25%…
Egyptian factories to close due to US dollar crisis: Nation’s Future Party
Head of the industrial committee in the Nation's Future Party Mohamed Garhi…
Hike of US dollar strengthens currencies against Egyptian pound
Pound sterling jumps to EGP 16 and euro to EGP 13, while…
Banks obtained $26.8bn from the CBE to finance importing basic commodities from 30 December 2012 until 19 July 2016: CBE
The CBE held 462 regular auctions to sell $19.382bn as well as…