currency devaluation

The exchange rate of the US dollar recorded slight variations against the Egyptian pound during banking dealings Tuesday. According to…

The US dollar maintained its rates against the Egyptian pound within banking dealings Sunday. According to the last price updates,…

Egyptian Finance Minister Amr el-Garhy said on Monday his country was expecting foreign direct investment to increase to US$13-15 billion…

The Egyptian pound weakened significantly on Sunday as banks scrambled to meet a surge in demand for dollars and the…

Egypt's currency devaluation may eventually bring foreign money into the country, but fund managers say uncertainty about the economy means…

A day after dramatically ditching its currency peg and hiking fuel prices, Egypt's government scrambled to assure people angered by…

Egypt said it plans to build a six month reserve of essential food items, adding to other recent purchases of…

The Egyptian pound has continued to lose value against the US dollar in the last few months, with black market…

The Egyptian government is planning to increase subsidies on household goods to prevent soaring prices resulting from an imminent currency…

When Egypt announced plans to develop renewable power in 2014, investors piled in, drawn by year-round sunshine and chronic electricity…