Egyptian Pound Gains as Foreign Currencies Fall: Central Bank’s Exchange Rate System Boosts Economy

Egyptian Pound Gains as Foreign Currencies Fall: Central Bank’s Exchange Rate System Boosts Economy

Written by Hani Al-Houti Friday, March 15, 2024 04:00 PM The prices of most foreign currencies fell against the Egyptian pound, in Egyptian banks, a week after the Central Bank’s decision to implement a flexible exchange rate system, and according to the average exchange rates of currencies against the Egyptian pound in… central bankto retreat … Read more

Egypt’s CIB Chairman Hisham Ezz Al-Arab Optimistic About Exchange Rate Liberalization Success

Egypt’s CIB Chairman Hisham Ezz Al-Arab Optimistic About Exchange Rate Liberalization Success

Hisham Ezz Al-Arab, Chairman of the Board of Directors of the Commercial International Bank – Egypt (CIB), said a week after the liberalization of the exchange rate liberalization: I can say that we are on the right path, provided that there is continued availability of liquidity, whether buying or selling. Hisham Ezz Al-Arab added: As … Read more

Black Market Dollar Price Drops After Ras El Hekma Deal, Gold Prices Stabilize – March 3, 2024

Black Market Dollar Price Drops After Ras El Hekma Deal, Gold Prices Stabilize – March 3, 2024

Written by Mahmoud Askar Sunday, March 3, 2024 12:25 PM Price continued Dollar on the black market (Parallel) decreased in trading today, Sunday, as it recorded 38 pounds, with the continuing state of confusion and the cessation of demand in the parallel market since the announcement of the signing of the Ras El Hekma deal … Read more

Egypt Receives $5 Billion from UAE in Ras El Hekma Deal, Completing First Installment

Egypt Receives $5 Billion from UAE in Ras El Hekma Deal, Completing First Installment

Written by – Ahmed Yaqoub Friday, March 1, 2024 11:30 AM Continue dollar price On the black market, there was a decline in trading today, Friday, amid a significant decline in demand for the American currency, which recorded 46 pounds for purchase and 45 pounds for sale, driven by the receipt of… Egypt Today, $5 … Read more

Egypt’s Dollar Exchange Rate Plummets to Record Low After $35 Billion Investment Deal Announcement

Egypt’s Dollar Exchange Rate Plummets to Record Low After $35 Billion Investment Deal Announcement

Abdel Halim Salem wrote Saturday, February 24, 2024 10:51 PM An area development project deal was successful The head of wisdom In dealing a strong blow to the dollar in the parallel market, after its price fell this evening to 48 pounds, down from 62 pounds a few days ago, and before the announcement of … Read more

Today’s Dollar Price in Egyptian Banks – February 24, 2024

Today’s Dollar Price in Egyptian Banks – February 24, 2024

Written by Islam Saeed Saturday, February 24, 2024 10:00 AM settle down dollar price Today, Saturday 2-25-2024, the Egyptian pound is in front of all banks operating in Egypt, and it was fixed in the National Bank of Egypt and Egypt at a price of 30.75 pounds to buy, 30.85 pounds to sell, and in … Read more

Dollar and Gold Prices Decrease in Egypt as Demand Weakens

Dollar and Gold Prices Decrease in Egypt as Demand Weakens

Written by Mahmoud Askar Tuesday, February 20, 2024 11:39 AM decreased dollar price In the “black” parallel market during today’s trading, Tuesday, February 20, 2024, it reached about 62.20 pounds for buying, and 64.20 pounds for selling, in a weak demand for the dollar a few days ago compared to the previous days. As for … Read more

The difference between the black market and bank dollar prices is nearly 600 VND

The difference between the black market and bank dollar prices is nearly 600 VND

(PLO) – On February 15, the market returned to work after the Lunar New Year holiday, the dollar price at commercial banks as well as on the “black market” fluctuated strongly. Today, the State Bank announced the central exchange rate of Vietnamese Dong to USD at 23,976 VND/USD, an increase of 20 VND compared to … Read more

Egyptian Market Reacts to Decline of Dollar in the Black Market, Impact on Public and Private Companies

Egyptian Market Reacts to Decline of Dollar in the Black Market, Impact on Public and Private Companies

Written by Abdel Halim Salem Thursday, February 8, 2024 01:00 AM Economic sources and sources in the public business sector revealed that the continued decline Dollar In the black market, it reflects positively on public business sector companies, and in fact, not only on public business sector companies, but on all companies operating in the … Read more

Egyptian Economy Shows Signs of Recovery with Significant Fall in Dollar Price

Egyptian Economy Shows Signs of Recovery with Significant Fall in Dollar Price

Written by Iman Ali Wednesday, February 7, 2024 12:00 AM Dr. Mustafa Abu Zaid, Director of the Egypt Center for Economic and Strategic Studies, considered that Fall in the price of the dollar In the parallel market during the past hours, it confirms the fragility of that market, which depends on speculation, and the ability … Read more