Egyptian pound devaluation

Egypt’s pound currency is now under the forces of supply and demand since October 27 when the …

Flexible currency makes it easier for a country to absorb external shocks, said Egyptian veteran banker Hisham …

Egypt’s pound currency fell to EGP 24.59 against the U.S. dollar for buying and EGP 24.54 for …

Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector hit the second lowest level since June …

The National Bank of Egypt (NBE) has raised 12 billion Egyptian pounds ($518.4 million) from its high-yielding …

Egypt’s pound currency dropped by around 4 percent to EGP 24 against the U.S. dollar as trading …

Egypt’s central bank decided to liberalise the exchange rate of the Egyptian pound, sending directives to the …

Fitch Solutions has on Sunday raised its projections for Egypt’s real GDP growth in 2022 to 6.59 …

Egypt’s central bank will allow new currency derivatives to unlock liquidity in the local market, making available …

Egyptian pound weakened on Wednesday to its lowest against the U.S. dollar since its devaluation in November …