Egyptian pound

Cabinet refutes rumor regarding issuance of new banknotes in October
Business

Cabinet refutes rumor regarding issuance of new banknotes in October

Egypt’s cabinet refuted on Wednesday rumors that the Central Bank of Egypt (CBE) will issue LE500 and LE1,000 banknotes starting…
Egypt aims to attract 12 million tourists in FY 19/20 -document
Egypt

Egypt aims to attract 12 million tourists in FY 19/20 -document

CAIRO, Aug 7 (Reuters) – Egypt aims to attract 12 million tourists in the 2019-2020 financial year, an 11% increase…
US dollar prices continue declining in Egyptian markets
Business

US dollar prices continue declining in Egyptian markets

Dollar prices continued declining in the local exchange market against the Egyptian pound on Thursday after seeing a reduction of…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt

Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll

CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet
Business

Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet

Egypt’s Cabinet published on Sunday an infographic on the exchange rates of foreign currencies against the Egyptian pound from January…
US dollar makes record decrease against Egyptian pound
Business

US dollar makes record decrease against Egyptian pound

The US dollar exchange rate witnessed a record decrease, the lowest in 2 years, on Monday against the Egyptian pound,…
US dollar exchange rate in Egypt continues to decline
Economy

US dollar exchange rate in Egypt continues to decline

On Sunday, the US dollar prices saw a drop of 3 piasters compared to the Egyptian pound. In the National…
US dollar price in Egypt hits lowest level in two years
Economy

US dollar price in Egypt hits lowest level in two years

  The US dollar fell on Sunday during mid-day trading in Egyptian banks, hitting its lowest level in two years.…
US dollar exchange rates decline against Egyptian pound
Economy

US dollar exchange rates decline against Egyptian pound

  The US dollar exchange rates declined against the Egyptian pound on Sunday morning comparing to Saturday’s exchange rates by…
Egyptian pound remains stable against US dollar Sunday
Egypt

Egyptian pound remains stable against US dollar Sunday

The US dollar maintained its price against the Egyptian pound at an average of LE 17.56 during bank dealings on…
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