The Egyptian pound (EGP) has seen a significant rise in value on the local black market for …
Tag:
devaluation
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Egyptians are angry over a government decision to ratify a 36-percent devaluation of mobile phone balance recharge …
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Egypt News
Egyptian print journalism faces potential collapse due to high print prices
by Ghada Ismailby Ghada IsmailSeveral local media outlets in Egypt have echoed their outrage over the decision to raise newspaper printing …
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Egypt’s main index, surged 1.2 percent in a week, closing at 11353 points, compared to 11221 points …
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Egypt News
State of uncertainty over devaluing Egyptian pound after Sisi-CBE governor meeting
by Noha Gadby Noha GadA state of uncertainty over the timing of the devaluation of Egyptian pound by the Central Bank …
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forex news
Now is not the time to float Egyptian pound: c.bank governor
by Yomna Yasserby Yomna YasserEgypt’s central bank governor stated on Wednesday that it was not the right time to talk about …
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Financial Institutions
South Africa jumps Egypt to become, once again, 2nd biggest economy in Africa
by Yomna Yasserby Yomna YasserSouth Africa is once again the second-biggest economy on Africa as it reclaims the position from Egypt …
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forex news
Why Africa’s next currency devaluation may be in Egypt: Bloomberg
by Yomna Yasserby Yomna YasserTwo weeks after Nigeria, Africa’s biggest economy, allowed the naira to weaken, Egypt’s central bank governor Tarek …
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As Egypt’s foreign currency shortage intensifies and the gap between official and unofficial currency rates widens, economists …
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Egypt News
Medicines price rise does not commensurate with Egyptian pound devaluation
by Noha Gadby Noha GadThe increase applied to medicines does not commensurate with the devaluation of the Egyptian pound, said deputy …
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