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The Egyptian pound EGP= strengthened at an official auction on Monday and gained from late last week on the black market, although it remained weaker there.
The Egyptian pound dipped to a new low Monday of just over 30 for $1, as the cash-strapped North African country continues to battle surging inflation and foreign currency shortages, authorities ...
The Egyptian pound was unchanged in black market trading as banks narrowed the gap with the illegal market following the currency float.
The Egyptian pound was held steady by the central bank at a dollar sale on Sunday, as it sold $37.8 million at a cut-off price of 7.7301 pounds per dollar, and was also stable on the parallel ...
The US dollar has fallen to its lowest level in Egypt in nine months, reaching LE 48.75 for buying and LE48.85 for selling per dollar. Bankers attribute this continued decline of the dollar against ...
The Egyptian pound has appreciated against the United States dollar over recent days, reaching its highest exchange value since the beginning of the year at LE48.7 on Tuesday, according to the Central ...
The Egyptian pound weakened on Wednesday as banks paid more to buy dollars from clients in an effort to attract dollar liquidity into the banking system, but volumes remain low.
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