On Sunday, the dollar fell from EGP 50.70 in some banks to EGP 47.76 to buy and EGP 47.90 to sell. Today, the dollar price at the Central Bank of …
Egyptian Pound
-
-
Officials and bankers said that Egyptians working abroad have begun sending more money home since the country sharply devalued its currency last week. It is worth noting that on …
-
On Friday, non-deliverable 12-month USD against Egyptian pound futures contracts dropped following the signing of the “Ras El Hekma” agreement. The 12-month non-deliverable Egyptian pound futures contracts traded at 57 …
-
The Egyptian pound has experienced a soaring by 39% against the US dollar within a few days. This dramatic rise has driven down the exchange rate of the US currency …
-
The value of the Egyptian pound in comparison to the major currencies of the BRICS nations, as reported by their central banks and market transactions on December 31, 2023, is shown …
-
EconomyHighlights
Egyptian Cabinet Gives Green Light to IFC to Start Issuing EGP Bonds in Foreign Markets
The International Finance Corporation (IFC) has just gained the Egyptian Cabinet’s approval to start issuing bonds in Egyptian pounds in foreign markets. The IFC’s issuance of bonds in the local …
Older Posts
