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" Pound"

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Al-Ahram Weekly - Egypt
1/26/2023 12:46:00 PM
Last week brought a handful of good news on the economy.

World - Region
1/25/2023 3:05:09 PM
Lebanese protesters on Wednesday blocked roads and burnt tires near the central bank in Beirut as the weakened local currency plummeted to a new low against the dollar.

Al-Ahram Weekly - Egypt
1/24/2023 9:06:47 PM
Moscow has adopted the Egyptian pound as a currency of trade, reports Gamal Essam El-Din

Al-Ahram Weekly - Sufra Dayma
1/24/2023 8:05:16 PM

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?

World - Region
1/19/2023 8:27:02 PM
Lebanon's currency hit an all-time low against the dollar on the black market Thursday as politicians for an 11th time failed to elect a new president in the crisis-torn country.

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
1/18/2023 1:39:36 PM
Egyptian banks’ regulatory capital ratios, especially in private banks, can withstand further Egyptian pound depreciation because of their healthy internal capital generation, Fitch Ratings said in a note on Tuesday.

World - International
1/15/2023 11:30:15 AM
US President Joe Biden has declared a major disaster in California, as the latest in a succession of storm systems blew into the state, bringing heavy flooding to already waterlogged regions and threatening snowfalls of up to six feet (two meters).

Business - Economy
1/12/2023 5:04:07 PM
The Egyptian pound is continuing to witness significant fluctuations against the US dollar on Thursday, surpassing EGP 30 in a number of foreign and Arab banks operating in the Egyptian market.

Business - Economy
1/11/2023 5:38:00 PM
In a dramatic performance on Wednesday, the Egyptian pound hit its lowest-ever price of EGP 31 against the US dollar, losing over 100 percent of its value since March before slowing down to EGP 29.63 at the Central Bank of Egypt (CBE) and major banks.

Al-Ahram Weekly - Egypt
1/11/2023 4:15:00 PM
Action is being taken to protect the local currency, but this may not help to rein in inflation.

Business - Economy
1/9/2023 4:56:21 PM
The Egyptian pound continued its downward trend on Monday, depreciating by 50-60 piastres against the US dollar in major banks.

Business - Economy
1/5/2023 4:27:10 PM
The Egyptian pound continues to fall against the US dollar to trade at over EGP 27 for the dollar at the end of this week's transaction.

Business - Economy
1/4/2023 4:40:00 PM
The Egyptian pound lost over 10 percent of its value against the US dollar in Wednesday’s transactions at major banks, a few hours after the National Bank of Egypt (NBE) and Banque Misr offered new 25-percent-yield saving certificates.

Business - Economy
1/4/2023 12:30:27 PM
The National Bank of Egypt (NBE) and Banque Misr have issued new one-year maturity saving certificates with a 25 percent yield after one year, the highest yield on record, the two banks announced on Wednesday.

Business - Economy
12/28/2022 3:46:18 PM
The Egyptian pound has lost over 25 percent of its value against the US dollar since March, when the Russia-Ukraine conflict started.

Egypt - Health
12/26/2022 9:23:31 PM
Egypt’s biggest children's cancer hospital 57357 -- which mainly relies on donations -- is fighting for survival as the country braces up to face the consequences of another possible devaluation of the Egyptian pound and fights to reduce the impact of the global economic crisis.

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
12/20/2022 5:10:27 PM
The Central Bank of Egypt (CBE) sent on Sunday a circular to the banks that includes new measures meant to control the proceeds of gold exports from the local market.

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