Latest in Tag: egyptian pound Highlight

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Latest in Tag: egyptian pound

Forex auctions carry on

Despite the optimism, the current political insecurity and the unsettled International Monetary Fund loan are seen as contributors to the weakening of the pound against the dollar.

Daily News Egypt

Egyptian pound falters after Constitutional rulings

By Ayat Al-Battawy The political chaos in Egypt that followed the Constitutional Court’s decision to dissolve parliament is being directly reflected in the local exchange market. The pound lost one piaster relative to the dollar as soon as the dissolution of parliament was announced. It approached its highest rate since the revolution and the record …

Daily News Egypt

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