dollar

Egyptian pound slips further on black market, official rate unchanged
Business

Egyptian pound slips further on black market, official rate unchanged

The Egyptian pound continued to weaken on the black market on Sunday, piling more pressure on the central bank to…
Egyptian pound steady at forex sale, stronger on black market
Business

Egyptian pound steady at forex sale, stronger on black market

The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but strengthened on the…
Egypt raises cap on FX deposits for food, capital machinery, manufacturing components, medicine
Business

Egypt raises cap on FX deposits for food, capital machinery, manufacturing components, medicine

Egypt's central bank raised the cap on foreign currency deposits to US$250,000 a month for importing food, capital machinery, manufacturing…
Egyptian pound steady at forex sale, strengthened on black market
Business

Egyptian pound steady at forex sale, strengthened on black market

Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Sunday but the…
Meat producers plea for release of imports stranded at seaports
Business

Meat producers plea for release of imports stranded at seaports

Four meat importing companies have sent a memo to Agriculture Minister Essam Fayed urging him to facilitate the release of…
Egyptian pound steady at forex sale, weaker on black market
Business

Egyptian pound steady at forex sale, weaker on black market

Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Thursday, but the…
International reserve at US$16,455 in December: CBE
Business

International reserve at US$16,455 in December: CBE

Egypt’s net international reserves stood at US$16,455 in December, the Central Bank of Egypt said on Tuesday. The current reserve is…
Private sector not affected by raising dollar interest rate: experts
Business

Private sector not affected by raising dollar interest rate: experts

Financial experts have said that the private sector will not be affected by the US Federal Reserve Board's decision to…
Sisi suggests expatriates donate US dollars to offset falling reserve: adviser
Egypt

Sisi suggests expatriates donate US dollars to offset falling reserve: adviser

President Abdel Fattah al-Sisi has suggested that Egyptian expatriates make a financial contribution to help their country cope with eroding foreign…
Some banks denied dollars at Egypt central bank forex auction -bankers
Business

Some banks denied dollars at Egypt central bank forex auction -bankers

 Egypt's central bank said it held the pound steady at LE7.7301 to the dollar on Tuesday after a regular foreign…
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