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Business
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Economy
12/19/2012 6:01:57 PM
As the IMF $4.8 billion loan falls through amid Egypt's worsening political crisis, head of research at EFG-Hermes investment bank warns of rising inflation and sudden devaluation until finance deal signed
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Business
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Economy
11/1/2012 9:23:18 PM
Although Egyptian pound's value hit 8-year low Wednesday, local analysts expect currency to stabilise by year's end
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Business
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Economy
10/1/2012 7:48:31 PM
Main index plunges 3 per cent after media reports of a currency devaluation and Egyptian military involvement in Syria spark panic among investors
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Business
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Economy
8/28/2012 2:02:52 PM
Egypt's President Mohamed Morsi asserts in his first interview with news agency that he definitely will not devalue the Egyptian pound
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Business
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Economy
5/31/2012 11:59:31 AM
Exchange bureaux are struggling to meet dollar demands ahead of the travel season as social pressures and annual inflation mount
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Business
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Economy
5/28/2012 2:16:29 PM
Greeks fearing devaluation and Spaniards fretting over the health of their banks are sending money to accounts in the stronger northern economies
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Business
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Economy
3/29/2012 6:13:33 PM
The central bank's willingness to support the currency and a likely uptick in investment after an IMF loan could help the Egyptian pound eventually gain against the dollar, says one expert
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Business
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Economy
3/4/2012 10:47:35 PM
Egypt's net foreign reserves dip to $15.72 billion in February, a relatively slow draw down reduce pressure on the central bank to allow a rapid devaluation of the country's currency
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Business
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Economy
1/3/2012 6:27:05 PM
Inflation has more than doubled since the government effectively devalued the Sudanese pound in November 2010
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Business
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Economy
1/14/2011 12:06:19 PM
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