Tag: US dollar

Mehleb receives export councils’ memorandum to review CBE’s policies

CBE governor does not accept requests to meet with exporters or importers,…

Shaimaa Al-Aees Shaimaa Al-Aees

Fed leaves door open for September rate hike

Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…

Deutsche Welle Deutsche Welle

EGP 597bn total local outstanding treasury bonds balances by June: Finance Ministry

$5.75bn in bonds were launched in international markets from September 2005 to…

Hossam Mounir Hossam Mounir

CBE stabilises dollar price after 2 increases

Dollar will increase again, and the stable price is temporary, analysts say

Hossam Mounir Hossam Mounir

Local, international institutions offer to invest $928.5m in treasury bills: CBE

The CBE launched this auction using $700m, receiving offers worth $928.5m to…

Daily News Egypt Daily News Egypt

Devaluation of EGP is due to US pressure: Shiha

US dollar could be devaluated to EGP 6 or less with tight…

Shaimaa Al-Aees Shaimaa Al-Aees

Petroleum Ministry denies airline request to pay for fuel in EGP

Airlines exempted from paying in dollars for a year, import burden disallows…

Mohamed Adel Mohamed Adel

Banks increased dollar sales by $1.2bn last week: CBE governor

Ramez denies any link between dollar rates and raising prices of commodities

Doaa Farid Doaa Farid

Foreign currency availability in market improves: FEDCOC

El-Wakil attributes improvement to recent CBE actions

Doaa Farid Doaa Farid

Dollar records EGP 8 on unofficial market, EGP 7.53 officially

Gap widening between official, unofficial dollar selling despite increasing CBE dollar auctions

Doaa Farid Doaa Farid