All posts tagged "dollar"

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

Egypt’s Minister of Finance, Mohamed Maait, announced during a press conference on 29 August that Egypt is...

Egypt’s Prime Minister Mostafa Madbouly announced on Tuesday 9 August the government’s plan to rationalise energy consumption...

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

The Executive Board International Monetary Fund (IMF) gave on Friday its final approval to Egypt’s three-year loan,...

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

Egypt has secured the USD 6 billion in bilateral financing required to secure a USD 12 billion...

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

Hundreds of students at the American University in Cairo (AUC) held a protest on campus on Monday 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...

Foreign exchange reserves in Egypt dropped to USD 15.54 billion by the end of July 2016, compared...

The number of tourists visiting Egypt in June dropped by 59.9 percent in comparison to the same month...

Egypt’s Cabinet approved on Wednesday a bill to impose a prison sentence on anyone who deals with...

The Egyptian pound weakened to a record low of 10 against the dollar on the black market...

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

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