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" US Dollar"

181 results

Business - Economy
2/6/2023 6:04:45 PM
Egypt’s real GDP growth is expected to moderate to three percent in 2023 with a higher inflationary wave anticipated over the year, Fitch Solutions said in its MENA Monthly Outlook report shared with Ahram Online.

Business - Energy
2/6/2023 5:21:45 PM
Egypt’s government intends to announce within days a hike of fuel prices within the legal 10 percent increase, a source inside the Fuel Automatic Pricing Committee (FAPC), which reviews fuel prices quarterly, told Ahram Online.

Business - Economy
2/2/2023 10:16:33 PM
The Egyptian pound has continued its slip against the US dollar for the fourth day in a row, hitting 30.3 for 1 USD, according to the official exchange rate of the Central Bank of Egypt (CBE) on Thursday.

Business - Economy
1/30/2023 8:57:13 PM
The Egyptian pound slipped to a new low at over EGP 30 against the US dollar on Monday as the country battles rising inflation and a shortage in foreign currency sparked by the global economic crisis.

Business - Economy
1/26/2023 3:46:50 PM
The Pakistani rupee dived to a historic low against the US dollar on Thursday after an exchange cap was lifted as Islamabad campaigns to unlock a vital bailout from the IMF.

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.

Opinion - Opinion
1/11/2023 4:25:00 PM
There is no doubt that the Egyptian economy is going through some challenging times.

Business - Economy
1/9/2023 10:53:42 PM
Egypt’s Prime Minister Mostafa Madbouly has issued a number of regulations for state bodies to rationalise public expenditure amid the ongoing global economic crisis, including postponing new projects that need US dollars and have not yet started.

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.

Egypt - Tourism
1/2/2023 11:06:09 PM
The Egyptian National Railway Authority announced on Monday the prices of train tickets in US dollars for foreigners looking to book seats on the cross-country Alexandria-Aswan train.

Business - Economy
12/29/2022 11:12:19 PM
Benchmark U.S. crude oil for February delivery fell 56 cents to $78.40 a barrel Thursday. Brent crude for February delivery fell $1 to $82.26 a barrel.

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.

Business - Economy
12/26/2022 11:22:00 PM
The COVID-19 pandemic continues to create serious challenges for the Egyptian economy, which has been exacerbated by the repercussions of the Russian-Ukrainian conflict that sparked in March.

Egypt - Tourism
12/26/2022 5:46:24 PM
Tourists in Egypt will be able pay for their train tickets in US dollars or euros starting January 2023, said Minister of Transport Kamel El-Wazir in remarks made to satellite TV Channel MBC Masr on Saturday.

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 10:46:04 PM
The Central Bank of Egypt (CBE) has set new measures meant to ban the fraudulent and abusive use of credit and debit cards outside the country.

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