Tag: US dollar

Egyptian pound continues upmove against US dollar on increased FX inflows

Egypt buoyed up by recent IMF’s, international market’s cash injections estimated at…

Hossam Mounir

US dollar depreciates by 19 piasters against Egyptian pound last week

Egypt’s import bill has generally decreased, on back of commensurate decrease in…

Hossam Mounir

Egyptian currency appreciates against US dollar as FX inflows rise

At the end of last week, the National Bank of Egypt (NBE)…

Daily News Egypt

Falling automotive demand could not limit US dollar revaluation’s impact on prices

Now is the time to buy new cars despite uncertainties surrounding the…

Yara El-ganiny

US dollar appreciation against Egyptian pound deepens mobile market losses

Mobile prices also affected by higher shipping costs on back of global…

Mohamed Alaa El-Din

New IMF loan slows down US dollar appreciation against Egyptian pound

Egypt’s foreign reserves fall to $36.0037bn in May, from $37.037bn in April,…

Hossam Mounir

Recent devaluation of Egyptian pound against US dollar normal, temporary: banking pundit

Like all currencies worldwide, local currency bound to be affected by current…

Hossam Mounir

US dollar continues appreciation against EGP: CBE

The appreciation in the US dollar also pushed the prices of Arab…

Daily News Egypt

US dollar trades at EGP 16.02 to buy, EGP 16.12 to sell on Wednesday

The rise in the dollar also pushed the prices of Arab and…

Hossam Mounir

US dollar appreciates slightly to EGP 15.92 at CBE

The Swiss franc reached EGP 16.5466 for buying and EGP 16.6522 for…

Daily News Egypt