Egypt’s Finance Ministry’s decision to adjust the customs dollar exchange rate for non-essential goods, tying it to …
Tag:
exchange rate
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Egypt’s state-run lender Banque du Caire’s US dollar proceeds exceeded $22 billion since the liberalisation of the …
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Financial Institutions
Egypt’s Finance Ministry dismisses reports of exchange rate 17.5 pounds to 1 USD
by Yomna Yasserby Yomna YasserSources at the Egyptian Ministry of Finance denied that the government has fixed the exchange rate for …
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U.S. dollar exchange rate against the Egyptian pound maintained prices during Sunday’s dealings in the banking sector. …
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Industry & Trade
Egypt’s Cabinet approves signing 30mn pounds contract due to drug shortages
by Yomna Yasserby Yomna YasserEgypt’s Minister of Housing and Health, Ahmed Emad, stated, on Wednesday, that the ministerial Cabinet has given …
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Banks
Remittances rise to $24.2 since liberalization of exchange rate: CBE
by aya salahby aya salahThe Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates increased to $24.2 billion from …
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Financial Institutions
Egypt’s debt hits 3.7 trillion pounds in 2017: minister
by Yomna Yasserby Yomna YasserEgypt’s Minister of Finance Amr El-Garhy said on Tuesday that the country’s internal and external debt totalled …
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Egypt racked up $170 million worth of exports to Kenya during the first half of 2017, according …
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Financial Institutions
Customs exchange rate to fall to 16 Egyptian pounds pounds in September: minister
by Yomna Yasserby Yomna YasserEgypt will lower its customs exchange rate to 16 pounds per dollar from 16.25, effective September 1, …
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Financial Institutions
IMF sees Egypt inflation to ease when reform impact wears off
by Yomna Yasserby Yomna YasserThe International Monetary Fund (IMF) said it expects Egypt’s inflation, which jumped to almost 30 percent in …