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Business
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Economy
2/18/2013 10:29:49 AM
President Mohamed Morsi's adviser for foreign policy asserts that Egyptian pound will not collapse as some speculate
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Business
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Economy
2/6/2013 2:18:50 PM
Central Bank of Egypt will hold an extra auction on Thursday to try to ease the Egyptian pound's fall
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Business
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Economy
1/31/2013 4:21:38 PM
Local currency slides to LE6.682 against the US dollar at central bank auction on Thursday
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Business
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Economy
1/24/2013 6:38:46 PM
Financial support from Gulf countries including Qatar and Saudi Arabia help appease Egyptian currency crisis after delays in IMF loan agreement
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Business
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Economy
1/21/2013 4:52:50 PM
Local economists say currency crisis will worsen if IMF loan agreement is postponed further, expect Egyptian pound to fall as low as 7 to US dollar by month's end
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Business
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Economy
1/16/2013 6:45:58 PM
Ousted president Hosni Mubarak and his family pay 18 million Egyptian pounds worth of gifts they received from Al-Ahram Press and Publishing Organisation
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Business
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Economy
1/15/2013 2:51:54 PM
Egyptian pound falls 0.3 per cent at Tuesday's auction to sit at 6.5500 against the US dollar
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Business
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Economy
1/4/2013 2:27:18 PM
Worries about the value of the Egyptian pound, which dropped some 4 per cent in the past week, drive yields on Egyptian t-bills upwards
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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
1/2/2013 1:07:45 PM
After Egypt's Central Bank announced regular currency auctions to curb demand on the US dollar, the Egyptian pound settles during currency trading operations Tuesday
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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
12/30/2012 2:05:53 PM
New currency regime aimed at conserving reserves sees Egyptian pound fall to an eight year low Sunday afternoon
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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
11/3/2012 5:04:36 PM
Finance Minister Momtaz El-Said tells Ahram Online an IMF deal is close to finalisation, Egyptian pound depreciation is not related to any loan conditions
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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
10/31/2012 1:10:02 PM
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Egypt
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Politics
10/21/2012 6:11:37 PM
Brotherhood number two and Mubarak-era minister arrange for final installments of Qatari loan to be paid by end of year in order to stave off decline of Egyptian pound
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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
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
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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