All posts tagged "Currency"

The Egyptian pound or ‘gineh’ – abbreviated as LE or EGP – crosses counters and circulates through...

Local Egyptian agricultural exporters have reported a sharp increase in demand for local produce since the Central...

By Abdel-Azim Osman, CooingEstate.com The resale market has frozen – but sales of new units are stronger than ever. ...

An Egyptian graphic designer is encouraging the public to submit new design ideas for Egypt’s banknotes for a...

Alumni and parents joined scores of students at the American University in Cairo to protest against the...

By Nourhan Fahmy The official and parallel market rates of the Egyptian pound are converging, with the...

Egypt’s government has launched a radio campaign to encourage Egyptians to stop trading foreign currency on the...

Taxi drivers will call on Egypt’s Cabinet of Ministers to raise the fare’s initial charge from EGP 3...

The World Bank and United States Secretary of State John Kerry praised Egypt for its decision to...

Prime Minister Sherif Ismail paved the way for a hike in prices of some products and services,...

By Mahmoud Negm The Egyptian pound has embarked on a downward trend linked to the country’s economic...

The Central Bank of Egypt sold USD 100 million at an exceptional auction on Thursday following its...

The International Monetary Fund (IMF) has “welcomed” Egypt’s move to float the Egyptian pound, Reuters reported. “This...

In a surprise morning announcement, the Central Bank of Egypt announced that it has floated the Egyptian...

As Egypt continues to battle through dire economic conditions, the government has announced an increase in tariff...

By Aswat Masriya In an unexpected move, the Central Bank of Egypt (CBE) revalued the Egyptian pound...

For the third time this year, the Central Bank of Egypt (CBE) has depreciated the Egyptian pound...