egypt pound

Egypt pound weakens as dollar demand picks up

Egypt pound weakens as dollar demand picks up

The Egyptian pound weakened further on Monday as dollar demand from importers rose ahead of the Muslim holy month of Ramadan, when food consumption usually incr

كتب: Reuters

Monday 06-03-2017 04:52 PM
Egypt's floating pound already a success, billionaire Sawiris says

Egypt's floating pound already a success, billionaire Sawiris says

Egypt's decision to float its currency can already be declared a success, but it will take time for investment flows to return and revive its battered economy.

كتب: Reuters

Wednesday 22-02-2017 05:38 PM
Egyptian pound strengthens on weaker dollar demand from importers

Egyptian pound strengthens on weaker dollar demand from importers

The Egyptian pound strengthened on Sunday, reaching a three month high, as importers' demand for dollars at banks eased, bankers told Reuters on Sunday.

كتب: Reuters

Sunday 19-02-2017 02:45 PM
Egypt central bank leaves key interest rates unchanged as pound strengthens

Egypt central bank leaves key interest rates unchanged as pound strengthens

Egypt's central bank left its key interest rates unchanged on Thursday at a meeting of its Monetary Policy Committee (MPC), holding fire as the pound currency s

كتب: Reuters

Friday 17-02-2017 09:34 AM
Egyptians ditch imports and buy local as pound sinks

Egyptians ditch imports and buy local as pound sinks

Egyptian chocolate spread maker Swifax has doubled its sales and is struggling to keep up with demand since the pound currency dived in November

كتب: Asma Alsharif and Mohamed Zaki

Sunday 12-02-2017 04:09 PM
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