Egyptian pound
Egypt seen struggling to finance spending this year
Business
July 13, 2011
Egypt seen struggling to finance spending this year
In a display of financial independence, Egypt's military rulers last month turned down an offer of $3 billion from the…
Egyptian pound trades near six-year low after protests
Business
June 30, 2011
Egyptian pound trades near six-year low after protests
The Egyptian pound moved within reach of a 6-year low after violent protests rocked central Cairo on Wednesday and following…
Egypt pound weakens as government rejects foreign aid
Business
June 26, 2011
Egypt pound weakens as government rejects foreign aid
Egypt's pound weakened to its lowest since mid-April after the government said it had no need for a previously arranged…
Dollar stable against Egyptian pound, exchange officials say
Egypt
June 13, 2011
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…
Egypt pound trades at weakest in more than 6 years
Business
March 24, 2011
Egypt pound trades at weakest in more than 6 years
The Egyptian pound traded as weak as 5.9605 to the US dollar on Thursday, its lowest level since January 2005.Bankers…
Egyptian pound continues to drop against US dollar
Business
March 23, 2011
Egyptian pound continues to drop against US dollar
The Egyptian pound continued to drop against the US dollar today after intense selling of stocks by foreign investors on…
US dollar continues to rise against the Egyptian pound
Business
March 20, 2011
US dollar continues to rise against the Egyptian pound
The exchange rate of the US dollar continued to rise against the Egyptian pound on Sunday. The Swiss franc, meanwhile,…
Central Bank of Egypt to let the pound drop gradually
Business
March 17, 2011
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…
Central Bank opens account for economic rescue contributions
Business
February 14, 2011
Central Bank opens account for economic rescue contributions
The Central Bank of Egypt (CBE) announced Sunday the opening of a new government account to receive contributions to support…
Egyptian pound continues to fall
Business
January 27, 2011
Egyptian pound continues to fall
The Egyptian pound continued to fall Thursday after reaching a six-year low against the US dollar Wednesday.The third day of…