Egyptian Pound slides against the Dollar The Egyptian pound weakened against the US dollar on Thursday, December 19, 2024, with several major banks reporting increases in the exchange rate. The shift reflects ongoing economic pressures in the region and underscores the fluctuating nature of global currency markets. data compiled from ten leading Egyptian banks reveals … Read more
Egyptian Pound Shows Strength Against the US Dollar Table of Contents Egyptian Pound Shows Strength Against the US Dollar Exchange Rates Across Major Egyptian banks Egyptian Pound Shows Signs of Strength: An Interview with Yasmine El-Masry Sunday,December 15,2024 – The Egyptian pound strengthened against the US dollar today,marking a slight but noticeable shift in the … Read more
04:16 PM Tuesday, November 19, 2024 Dina Karam wrote: The price of the dollar rose against the pound by between a piaster and 12 piasters, in 10 banks, at the end of today’s trade, Tuesday, compared to its levels at the end of yesterday’s trade, Sunday, according to the exchange rates published on it. their … Read more
01:03 p.m Tuesday, October 22, 2024 Manal Al-Masry wrote: Three major geographically distributed banks reduced the interest rate by 0.5% on dollar savings certificates this month, following the recent decision of the Federal Reserve – the US central bank. The decision of the National Bank of Egypt and the International Commercial Bank (CIB) to reduce … Read more
Manal Al-Masry wrote: The present interval appears to be the most effective time for financial institution clients to speculate their financial savings in certificates and deposits after the Central Financial institution is predicted to cut back the rate of interest greater than yearly, after the speed of inflation declines and the recession continues. throughout this … Read more
Today, Banque Misr decided to reissue the new savings vessel, a certificate of “Talaat HarbThis is an annual savings bond which has a fixed rate of return for the entire holding period of the certificate. The rate of return on the certificate is 25% per annum, paid at the end of the certificate period. This … Read more
The bank confirmed that those Certificate It was made available from the beginning of the working day in all bank branches and in all bank telematic channels. as announced Central Bank of Egypt Yesterday, net foreign exchange liquid reserves increased by about $500 million, to reach about $34 billion by the end of December 2022, … Read more
10:50 pm Thursday 22 December 2022 I wrote – Manal Al-Masry: Banque Misr and the National Bank of Egypt raised the interest rate on variable-yield triple savings bonds by 3%, due to the link with the rate on deposits at the Central Bank, after the latter’s decision of a few hours it raises the interest. … Read more