In an interview with Bloomberg, Georgieva praised the other steps taken by Egypt, the second largest borrower from the IMF after Argentina, to correct the course of its crisis economy. Egypt has devalued its currency three times since early 2022, and the pound has lost nearly half of its value against the dollar. Georgieva said, … Read more
dollar price.. The price of the dollar in Egypt today, Friday 26-5-2023, witnessed stability against the Egyptian pound, in conjunction with the weekly bank holidays on Friday and Saturday. The price of the dollar today, Friday The latest update of the price of the dollar against the Egyptian pound in the Central Bank recorded 30.83 … Read more
dollar.. The price of the dollar on the black market continued its downward journey against the Egyptian pound, ranging between 50 and 90 piasters, below the level of 38 pounds. The price of the US dollar, according to sources who spoke to The Week, is between 37.90 and 37.85 pounds today, Tuesday, May 16, 2023. … Read more
Today, Tuesday, March 28, 2023, the price of the dollar rose on the black market by about 3 pounds against the Egyptian pound. Sources told The Weekly that the price of the dollar against the pound increased today in the parallel market, bringing the buying and selling price to 38 and 37.5 pounds, respectively, compared … Read more
The hard currency crisis in Egypt has re-emerged during the past two weeks, after a number of government and private banks stopped opening new documentary credits or collection documents for importers, due to the scarcity of the dollar in the largest market in the region in terms of the number of consumers, according to 5 … Read more
Bankers expected today for “The Week” that the price of the dollar against the Egyptian pound would record new high levels near 33.70 ranges during next March, provided that the local currency would decline in April trading to record 34.80. The local currency declined against the US dollar more than once during the current year, … Read more
The exchange rate of the dollar against the Egyptian pound at the beginning of today’s dealings, Thursday, January 26, 2023, and many Egyptians are searching for the exchange rate of the dollar in Egypt in daily dealings. The price of the dollar today in Egypt Dollar prices witnessed relative stability in Egypt, at the beginning … Read more
05:06 PM Wednesday, January 25, 2023 I wrote – Shaima Hefzy: A Reuters poll predicted, today, Wednesday, that the Egyptian pound will consolidate against the dollar during the next five months, before declining again. 18 economists participated in the survey, and the agency said that the participants expected the dollar price to drop from the … Read more
The value of the Egyptian pound is declining again against the dollar in Egypt after the Central Bank of Egypt adopted a looser exchange rate policy. The successive rises in the price of the dollar on the Egyptian foreign exchange market triggered an unprecedented wave of inflation Today, Wednesday, the US dollar recorded its all-time … Read more
The Egyptian pound resumed its declining path against the dollar, hitting £26.4 during Wednesday trading, hours after Emission Banque Misr and the National Bank of Egypt, two branches of the Egyptian government, have issued a new savings bond with a yield of 25% to spend annually or 22.5% to spend monthly, with the aim of … Read more