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" Exchange rate"

139 results

Business - Economy
1/31/2023 10:54:58 PM
Lebanon from Wednesday will shift its long-standing official exchange rate to 15,000 pounds against the dollar, a central bank source said -- an almost 90 percent devaluation amid a years-long economic crisis.a

Al-Ahram Weekly - Egypt
1/23/2023 9:59:00 AM
A week after the third devaluation of the pound in nine months, what is the outlook for the local currency?

Business - Economy
1/19/2023 3:20:34 PM
Russia's central bank has added nine currencies to its list of exchange rates against the ruble, including the Egyptian pound, starting 18 January.

Business - Economy
1/12/2023 4:57:00 PM
The International Monetary Fund (IMF) announced on Tuesday the details of its new 46-month loan programme for Egypt and its government commitments in a staff report.

Egypt - Society
12/23/2022 6:16:00 PM
It came as no surprise that the US dollar's exchange rate against the Egyptian pound was the most searched-for question by millions of Egyptians on Google throughout 2022, according to the mega search engine's annual 'Year in Search' report that was released on Wednesday.

Business - Economy
12/22/2022 12:53:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its final meeting for 2022 on Thursday to review the key interest rates in light of the latest updates in the local and global economic scene, particularly the accelerating inflation rates.

Business - Economy
12/20/2022 6:08:36 PM
The IMF will be looking for "a shift by Egypt to a flexible exchange rate" once the letter of credit system for financing imports is phased out by the end of December, Vladkova Hollar, the IMF mission chief for Egypt, said in an interview with Reuters on Monday.

Business - Economy
12/18/2022 5:22:16 PM
The exchange rate of the US dollar against the Egyptian pound was stable at the close of transactions Sunday at Egypt's major banks, the first working day after the International Monetary Fund (IMF) approved Egypt’s $3 billion new economic reform programme.

Business - Economy
11/24/2022 12:49:39 PM
Egypt has witnessed stable exchange rates of the US dollar, EGP 24.5 on average, and a slight rise of the euro, recording EGP 25.6, on Thursday morning at major banks.

Business - Economy
11/3/2022 8:49:22 PM
The Egyptian pound’s exchange rate against the US dollar dropped on Thursday to EGP 24.2 for buying and EGP 24.3 for selling, according to the Central Bank of Egypt (CBE) official exchange rate.

Business - Economy
11/2/2022 9:04:23 PM
The Egyptian pound’s exchange rate against the US dollar has remained almost unchanged at EGP 24.2 on Wednesday, weakening by more than 22 percent following a sharp depreciation last Thursday, according to figures by the Central Bank of Egypt (CBE).

Business - Economy
11/1/2022 5:43:00 PM
The Egyptian pound’s exchange rate declined to 24.2 against the US dollar at the end of Tuesday’s trading a few days after Egypt announced that it was adopting a "durably flexible" exchange rate regime in conjunction with a deal with the International Monetary Fund (IMF).

Business - Economy
10/31/2022 8:10:41 PM
The US dollar exchange rate was stable at the end of Monday's trading at Egypt's major banks.

Business - Economy
10/30/2022 7:37:00 PM
The Egyptian pound’s exchange rate fell to 24 against the US dollar at the end of Sunday’s trading a few days after Egypt announced that it was adopting a "durably flexible" exchange rate regime in conjunction with a deal with the International Monetary Fund (IMF).

Business - Economy
10/27/2022 10:00:48 PM
The US dollar exchange rate recorded a rise of 3.15 pounds at the end of Thursday's transactions at Egypt's major banks.

Business - Economy
10/27/2022 3:19:48 PM
The Egyptian pound fell on Thursday during trading hours by 17 percent against the US dollar and 19 percent against the euro as the Central Bank of Egypt adopts a "flexible exchange-rate regime" as part of the new economic reform programme.

Business - Economy
10/26/2022 12:21:51 PM
Egypt has witnessed stable exchange rates of the US dollar and the Euro currencies at the beginning of Wednesday transactions at major banks.

Business - Economy
10/23/2022 3:49:10 PM
Egypt’s Prime Minister Mostafa Madbouly affirmed on Sunday that Egypt prioritises curbing inflation over the issue of exchange rate, stressing that the devaluation of the Egyptian pound does not mean that the economy is in a bad situation.

Business - Economy
10/23/2022 1:43:34 PM
The ongoing global economic challenges has been affecting emerging and developing markets, including Egypt, putting heavy pressures on their economies and its exchange rate reserves, said the well-known economist and the President of Queens’ College Mohamed El-Erian.

Business - Economy
10/20/2022 9:20:22 PM
The exchange rates for the dollar and Euro at the beginning of Thursday's transactions in major banks in Egypt were stable.

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