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Business
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Economy
6/24/2012 3:34:28 PM
Fears over Sunday's announcement of new president cause local currency to fall to its weakest level since December 2004
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Business
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Economy
6/20/2012 4:57:34 PM
Political upheaval sees currency fall to new low against the US dollar
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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
2/21/2012 7:58:25 PM
Further fall for Egyptian pound could give country's exports slight competitive edge; Egypt's heavy dependency on overseas goods would mean added woe for already squeezed consumer, economists tell Ahram Online
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Opinion
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1/11/2012 6:10:49 PM
Maintaining the value of the Egyptian pound is not a goal in itself but actually a tool of economic policy to end the current inertia
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Business
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Economy
1/2/2012 7:02:43 PM
Central bank offers no explanation for stopping the bond auctions worth billions of Egyptian pounds
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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
12/7/2011 6:35:44 PM
Investors shift their funds from Egypt, sending currency to weakest level since January 2005
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Business
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Economy
12/2/2011 12:38:50 PM
Near-continuous unrest since January's uprising has battered Egypt's currency, sparking debate over the least destructive ways for the central bank to slow its decline against the dollar
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Business
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Economy
11/29/2011 12:38:19 PM
Egypt will offer 5 billion Egyptian pounds in reopened three- and five-year bonds on 5 December
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Business
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Economy
11/24/2011 12:38:02 PM
Monetary policy committee may increase the policy rate to ease pressure on the Egyptian pound when it convenes its final 2011 meeting today, say experts
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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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Business
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Economy
11/21/2011 7:18:29 PM
The Egyptian pound may witness sharp drop in coming months
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Business
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Economy
10/3/2011 3:34:03 PM
A dip in value for the Egyptian pound pushed the country's debt up to $35 billion in June 2011, according to new data
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Arts & Culture
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Stage & Street
9/25/2011 4:40:59 PM
Egyptian actor turned activist Mohamed Sobhi to start on a humanitarian cause "A Billion Egyptian Pounds" Campaign tomorrow Monday 26 September
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Business
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Economy
8/25/2011 12:24:02 PM
Experts predict central bank will today decide to keep the rate the same to stimulate growth while keeping inflationary and currency pressures under control
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Business
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Economy
7/27/2011 2:07:56 PM
Shareholders in Egypt's Sinai Cement approved a dividend of 3 Egyptian pounds per share ($0.50)
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Business
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Economy
7/11/2011 7:16:10 PM
A lower budget deficit and improved ratings are helping foreign investors build an appetite for Egyptian debt
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Business
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Economy
7/8/2011 12:08:39 PM
Would collecting the Suez Canal fees in Egyptian pounds be useful for the economy
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