Egyptian pound

Egyptian pound to be devalued in September/October: Morgan Stanley
Business

Egyptian pound to be devalued in September/October: Morgan Stanley

US investment bank Morgan Stanley anticipates that the Egyptian pound’s exchange rate against foreign currencies will further decline during September…
Why did Egypt launch savings certificates with unprecedented returns?
Business

Why did Egypt launch savings certificates with unprecedented returns?

Experts and analysts believe that the high-yield US dollar savings certificates offered by the National Bank of Egypt and Banque…
AAIB offers savings certificate in EPG with a return of 40%
Business

AAIB offers savings certificate in EPG with a return of 40%

The Arab African International Bank (AAIB) in Egypt now offers a savings certificate in Egyptian pounds for a period of…
Foreign currency ratings on Monday at NBE
Business

Foreign currency ratings on Monday at NBE

On Monday, the last working day for banks in Egypt before the Eid Al-Adha holiday, the prices of many foreign…
US dollar price in Egypt remains stable on Thursday
Business

US dollar price in Egypt remains stable on Thursday

The price of the US dollar continued to stabilize on Thursday in Egyptian government and private banks, including the Central…
Egypt postpones flotation of pound for 60 days: Citigroup
Business

Egypt postpones flotation of pound for 60 days: Citigroup

Despite much anticipation about the approaching date of floating the Egyptian pound, a report by Citigroup expects the decision to…
Devaluation of Egyptian pound may be postponed for two months: Citigroup
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Devaluation of Egyptian pound may be postponed for two months: Citigroup

Expectations about a new official devaluation of the Egyptian pound before the end of the current fiscal year have declined,…
Egyptian pound price expected to drop by end of 2023: economists
Business

Egyptian pound price expected to drop by end of 2023: economists

In a poll published by Reuters, Thursday, economists expect that the value of the Egyptian pound against the US dollar…
US dollar price in Egypt stabilizes Wednesday
Economy

US dollar price in Egypt stabilizes Wednesday

The price of the US dollar stabilized in mid-trading on Wednesday recording at the Central Bank of Egypt LE30.83 for…
Foreign currency prices in Egypt Wednesday
Business

Foreign currency prices in Egypt Wednesday

On Wednesday, March 1, the price of the US dollar continued to be stable in the National Bank of Egypt(NBE),…
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