Tag: US dollar

How can Al-Sisi fulfil his promise to solve the US dollar shortage in 170 days?

Stability of the foreign exchange market requires the government and the CBE…

Hossam Mounir

Keeping things as they are is impossible: CBE governor

There is no intention to float the pound for now; Amer did…

Abdel Razek Al-Shuwekhi

CBE stabilises Egyptian pound against the US dollar at EGP 8.78

The CBE sold roughly $118.6bn to the banks through its tender.

Hossam Mounir

The government asks for money, simply because it can: economics professor

Poor financial planning, using loans in the wrong projects are the largest…

Hisham Salah

Experts forecast further devaluation of Egyptian pound: CFA Society Egypt

On 3 July, governor of the CBE Tarek Amer alluded to a…

Shaimaa Al-Aees

Building material prices expected to increase: experts

Increase in US dollar exchange rate led to 22% rise in construction…

Daily News Egypt

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

Hossam Mounir

CBE sells $120m to banks to release imported intermediate goods stuck in customs

El-Menilawy added that the CBE on Tuesday morning had asked the departments…

Hossam Mounir

Local, international institutions offer to invest $915.4m in treasury bills

The bank auctioned $700m that will mature in one year’s time on…

Hossam Mounir