All posts tagged "devaluation"

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) announced the raising of key...

In the years since the COVID-19 pandemic, Egypt’s side gig economy has encompassed increasingly broad strands of...

In a surprise move from the Russian Central Bank on Wednesday January 18, the Egyptian pound was...

As of Thursday, 5 January, the Egyptian pound has fallen to an all time low of EGP...

Egypt’s annual urban consumer inflation rate jumped to a five-year high of 18.7 percent in November, as...

Egyptians woke up on Thursday to more news anxiety, with the local currency sliding to a record...

The Egyptian Pound has slid by more than 14 percent against the United States’ Dollar as of...

The International Monetary Fund announced on Wednesday that its Executive Board has completed the second review of...

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...

South Africa has regained its position as Africa’s second-largest economy after Nigeria, edging out Egypt, Bloomberg reported....

The Central Bank of Egypt devalued the pound from 7.83 to 8.95 against the dollar on Monday,...