Dollar’s unofficial market still precedes official by EGP 0.16
$1 is EGP 7.59 on official market, EGP 7.75 on black market
Egyptian pound plunges against the dollar to EGP 7.46
The US dollar exchange value jumped to EGP 7.5 at NBE and…
Dollar to reach EGP 8 by the end of June: Emirates NDB
Depreciation can happen at a faster pace, the bank says
Egyptian pound continues to depreciate against US dollar
The value of $1 stands at EGP 7.16 on 22 May, compared…
CBE sells $1.1bn to banks in ‘exceptional auction’
Banks are required to apply with the amount of US dollars needed…
Gulf aid bolsters Egyptian pound against the US dollar
Egypt receives aid packages from Saudia Arabia, UAE, and Kuwait
Egyptian pound stabilises against the dollar at 7.04 despite massive protests
Experts: the stability of the pound is “temporary” due to bank closures…
Engineering consulting company releases quarterly report
The consulting firm says Egypt’s consumption price index increased by 4% due…
Forex auctions carry on
Despite the optimism, the current political insecurity and the unsettled International Monetary…