Latest in Tag: egyptian pound Highlight
Latest in Tag: egyptian pound
Dollar deposits jump 2130% following pound devaluation: Amer
Depreciating the pound is a corrective measure in response to currency market mismanagement, says Farid
Egyptian pound devaluation negatively impacts Nissan Motor Egypt: Sekiguchi
Nissan Motors Egypt CEO demands that companies do not rush to increasing prices because of the devaluation
In Cartoon: Floatation of Egyptian Pound
NBE, Banque Misr issue CDs with 15% yield
The NBE and Banque Misr will issue the CDs beginning on Monday for a period of 60 days, according to El-Etreby
Expected increase in price of computers, tech products after raising dollar price
Price rise a positive step if price fixed and dollar enabled, says Mansy
CBE devalues EGP amid concerns over inflation and budget deficit increase
The decision is expected to have far-reaching repercussions on the deficit and inflation of the state budget
Pound devaluation shakes market
EGX-30 jumps by 6.7%, amid renewed hopes for FDIs and major concerns over inflation and budget deficit
CBE raises price of US dollar to EGP 8.85
Banks will sell US dollars at EGP 8.95, up from EGP 7.83
In Cartoon: money for the poor!
Unflagging EGP decline threatens Egypt’s economic growth
US dollar is forecasted to break EGP 10 threshold
Government sought to decrease $60bn bill by ‘banning luxurious products’
Around $26bn of Egyptian imports are categorised as “essential”
CBE raises EGP value against dollar by 20 piasters
The central bank will also cover 25% of the temporary credit facilities granted by banks to their clients importing in foreign currencies
Dollar rise amplifies prices of basic items
CBE decisions are against the interest of citizens, says head of Citizens Against Price Rises Association
Pound’s value drops by 10 piasters against US dollar
The dollar value had been stable for around 100 days
Egyptian pound devaluation is no longer optional: Salman
Egypt’s foreign reserves down by $500m over August
US dollar registers EGP 8 at exchange companies
Pharos expects the dollar exchange rate to drop to EGP 8.5 during H1 of 2016
Egyptian stock market recovers on Tuesday
Recovery parallels US and European stocks’ upturn
EGP’s devaluation will not positively affect travel flow to Egypt: Tourism experts
Dollar increase against EGP leads to increase in food prices
CBE stabilises dollar price after 2 increases
Dollar will increase again, and the stable price is temporary, analysts say
Dollar to officially jump to EGP 8.01: Dcode EFC
Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate against Egyptian pound, will push CBE to depreciate local currency
Dollar price against Egyptian pound stabilises, market anticipates CBE’s next step
CBE moved to raise the dollar to limit imports, says CBE Governor Hisham Ramez
CBE continues decreasing pound’s value against dollar
A further 10 piasters reduced against the US dollar to 7.83EGP
Ambiguity surrounds CBE’s decision to raise dollar price by 10 piasters
Analysts await CBE’s next step, expecting an increase in commodity prices
Non-oil private sector conditions hit 17-month low: HSBC Egypt report
New orders placed in Egyptian non-oil private sector companies fell for second consecutive month in February, report says
Government limits collection of value of commodities, services to EGP: Cabinet
Prohibition does not apply to tourists in Egypt, said Cabinet spokesperson
Devaluation of EGP is due to US pressure: Shiha
US dollar could be devaluated to EGP 6 or less with tight policies, says Medical Supplies Division head
Petroleum Ministry denies airline request to pay for fuel in EGP
Airlines exempted from paying in dollars for a year, import burden disallows continuation, says El Molla
Following deposits’ ceiling, dollar to remain stable until March summit: Officials
CBE placed ceiling deposit of $10,000 per day and $50,000 per month
Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE
Rate ranges between EGP 7.8 to EGP 8 in unofficial market.
Egyptian pound plunges against the dollar to EGP 7.46
The US dollar exchange value jumped to EGP 7.5 at NBE and Banque Misr