Tag: US dollar

No one can say for certain at what value the Egyptian pound will stabilise against the US dollar: El-Araby 

Subsidies will continue to be provided even after the economic reform programme…

Ahmed Farahat

US dollar supply at banks increase, demand cools 

Banks operating in the local market are experiencing a US dollar supply…

Hossam Mounir

92% of offers on US dollar-denominated bonds came from investment funds or banks: Kojak

High demand on US dollar-denominated bonds caused rise in issuance value, says…

Hisham Salah

Arabian Cement to repay US dollar loans to avoid high cost 

The company aims to shrink loans to EGP 40m compared to $65m…

Mohamed Ahmed

Automotive sector welcomes fixed price of customs US dollar

The decision enables working in accordance with clear plans without surprises, says…

Ahmed Dawoud

The reason behind the rise of Egypt’s foreign currency reserves remains unknown

Since the 25 January Revolution in 2011, Egypt’s foreign currency reserves were…

Hisham Salah

IMF financing alone will not be sufficient to stabilise US dollar: BOFAML

The report issued by BOFAML said that it expects the CBE to…

Reem Hosam El-din

US dollar price to remain between EGP 16-20 in 2017

The government is to lead the demand for the US dollar in…

Hossam Mounir

After full flotation of Egyptian pound, US dollar price targets cannot be specified: Aboul Fotouh

US dollar not expected to make large gains against the pound in…

Hossam Mounir

Finance Ministry fixes value of customs US dollar at EGP 18.5 until end of February

The Ministry of Finance decided to maintain the price of the US…

Ahmed Farahat