currency

Business owners feel effects of Egyptian currency’s depreciation
Business

Business owners feel effects of Egyptian currency’s depreciation

After Egyptian pound slid to its lowest value in seven years this week, Egyptian business owners are feeling its effects.…
Businessmen transfer millions of Libyan dinars to Egypt
Business

Businessmen transfer millions of Libyan dinars to Egypt

Libyan dinar exchange rates against the Egyptian pound jumped considerably after Libyan revolutionaries gained control of Tripoli, sparking hopes of…
Dollar stable against Egyptian pound, exchange officials say
Egypt

Dollar stable against Egyptian pound, exchange officials say

US dollar prices remained stable against the Egyptian pound over the past few days despite preparation by foodstuff importers for…
Central Bank of Egypt to let the pound drop gradually
Business

Central Bank of Egypt to let the pound drop gradually

The Central Bank of Egypt (CBE) announced on Wednesday it would allow the value of the Egyptian pound (EGP) to…
The fakka crisis
Business

The fakka crisis

Complaints about the lack of change is currency. The pained look on a shopkeeper's face when handed a ten pound…
US dollar continues to rise against Egyptian pound
Business

US dollar continues to rise against Egyptian pound

The US dollar continued to rise against the Egyptian pound, increasing by 4 piasters over the past week, and 14…
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