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Al-Ahram Weekly
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Opinion
12/12/2023 7:48:47 PM
The high volatility of exchange rates and the probability that inflation rates remain high make it crucial to activate inflation-targeting frameworks in the developed and developing countries alike, writes Mahmoud Mohieldin
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Business
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Economy
6/20/2023 4:18:07 PM
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that Egypt needs to work on preventing the leakage of foreign exchange (FX) reserves caused by the multiple exchange rates.
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World
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Africa
6/15/2023 5:33:55 PM
Nigeria's central bank has abolished the country's multiple exchange rate system and effectively floated the naira currency, the bank said, as new President Bola Ahmed Tinubu revamps the country's monetary policies.
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Business
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Markets & Companies
6/5/2023 4:44:08 PM
Monday saw a decline in gold prices to EGP 2,320 per gram, and the Egyptian stock market had a mixed day, with the benchmark ending in negative territory.
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Business
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Markets & Companies
6/4/2023 6:52:54 PM
Gold continued to rise, and all of the EGX's indices had a positive performance, except for the benchmark, as EGX100 broke the 5,000-point level for the first time ever on Sunday.
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Business
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Markets & Companies
6/1/2023 5:39:41 PM
Gold continues its recovery on Thursday, while the Egyptian Exchange's market cap gained around EGP 3 billion.
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Business
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Economy
5/31/2023 9:05:40 PM
Both the gold and stock markets saw negative performance on Wednesday; the gold pound lost EGP 80 of its value while the bourse's benchmark incurred a slight decrease of 0.22 percent.
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Business
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Markets & Companies
5/30/2023 6:44:39 PM
The price of gold increased by EGP 160. The Egyptian Exchange's market capitalization gained EGP 19 billion
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Business
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Economy
2/2/2023 2:07:57 PM
The dollar and euro exchange rates to the EGP were stable at the beginning of Thursday's transactions at Egypt's major banks, with the dollar recording an average of EGP 30.2 and the euro registering EGP 33.2.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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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Business
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Economy
10/18/2022 4:47:32 PM
The exchange rates for the US dollar and Euro at the beginning of Tuesday's transactions in major banks in Egypt were stable.
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World
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Region
10/23/2021 10:20:49 AM
Syrian President Bashar Assad's government has diverted at least $100 million in currency from international aid money to state coffers over the past two years, benefiting from variations in exchange rates, according to new research.
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Business
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Economy
9/30/2020 6:17:44 PM
A new report lauds EMDEs for providing aggressive fiscal and monetary support while letting exchange rates bear the brunt of external adjustment, with limited recourse to direct state intervention
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Business
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Economy
6/10/2019 2:33:26 PM
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World
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Region
5/2/2018 11:35:36 AM
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World
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International
3/5/2018 2:38:40 PM
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