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Business
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Economy
8/2/2015 6:14:25 PM
Analysts have said letting the pound weaken in a controlled manner could boost exports and further encourage investment
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Business
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Economy
7/21/2015 3:20:02 PM
Analysts say letting the pound weaken could boost exports and attract further investment
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Business
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Economy
5/28/2014 4:38:15 PM
Forex traders and economists have described the central bank's decision to allow the pound to gradually weaken as a managed depreciation
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Business
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Economy
2/17/2014 3:26:41 PM
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Business
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Economy
10/24/2013 4:36:42 PM
Central Bank of Egypt currency sales lift up the pound
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Business
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Economy
1/17/2013 3:00:04 PM
Ahram Online hit the streets to talk to average Egyptians about how the devaluation of the pound is impacting them
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Business
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Economy
1/3/2013 12:30:00 PM
President Morsi may face problems as the poor segments of Egyptians will barely survive with the current position of the pound against the dollar
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Business
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Economy
12/31/2012 1:13:36 PM
The pound drops in the second currency auction to a cutoff price of 6.3050 to the dollar
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Business
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Economy
12/27/2012 1:48:32 PM
Ongoing rumours about a devaluation of the pound and future economic turbulence lead to brisk trade at banks as Egyptians withdraw and convert deposits
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Business
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Economy
9/25/2012 11:30:01 AM
Head of reserves management hails the slowing depreciation of the pound against the dollar but says bank will defend it against speculators
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Business
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Economy
9/3/2012 7:31:43 PM
With speculation that the Central Bank of Egypt might be allowing the pound to decline gradually, investment bank EFG-Hermes revises its forecast for the pound to fall to 6.25 to the dollar by the end of 2012
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Business
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Economy
7/13/2012 5:00:41 PM
Economists expect the currency to tumble to a historic low in the coming year; the pound has fallen 4 per cent since 2011's popular uprising
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Business
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Economy
3/28/2012 3:42:52 PM
Foreign reserves will fall by a third by the end of the financial year, says military finance spokesman, as the central bank continues to support the pound
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World
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Region
3/1/2012 9:59:17 AM
Signs fighting is reaching an end in Homs' Baba Amr district as the Syrian opposition urges UN envoy Kofi Annan to visit the pounded site
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Life & Style
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Health
2/21/2012 2:02:50 PM
A little extra simple sugar in your diet probably won't make you pack on the pounds – as long as you cut down on other carbs to balance it out
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Business
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Economy
2/12/2012 3:22:55 PM
Bank says it has raised $300 million to back up its currency following news the pound hit a historic low last week
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Business
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Economy
2/2/2012 4:02:05 PM
Experts predict the bank might implement the second rate hike in three months on Thursday in a bid to support the pound
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Business
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Economy
12/24/2011 11:35:17 AM
Since Egypt rejected an IMF facility in June, its economic problems have increased, meaning a much larger aid package is now needed to stabilise the economy and ensure orderly depreciation of the pound
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Business
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Economy
11/23/2011 5:46:18 PM
The pound, which this week was already trading at its weakest since January 2005, was bid as low as 5.9994 against the dollar today, compared to 5.996 on Tuesday and 5.807 before the January uprising against Mubarak
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Business
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Economy
11/22/2011 4:38:16 PM
Traders say the pound could break through to LE6 to the dollar as investors run for cover
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