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Title: Buying and selling prices of the dollar in Egyptian banks today, Thursday 11-27-2025

by Priya Shah – Business Editor November 27, 2025

written by Priya Shah – Business Editor

Dollar Exchange‍ Rates ‌Hold⁢ Steady Across Major ⁤Egyptian Banks⁢ on November 27, 2025

Cairo – Exchange rates for the ⁣U.S. dollar remained largely consistent ⁣across Egypt’s leading ⁢banks as of close of business on Thursday, November 27, 2025. thes rates are closely watched by Egyptians, impacting import costs, remittances, ⁤and the broader economy amid ongoing financial reforms. Fluctuations in the dollar’s value directly affect the price of essential goods and services, influencing household budgets and business investment decisions.⁤

The Central Bank of Egypt reported a rate of ‌47.64⁣ egyptian pounds to purchase and 47.77 pounds to sell the dollar. ⁤This benchmark rate provides a reference point for commercial banks, though slight variations exist. The stability ⁣observed today follows recent‍ adjustments⁤ aimed at curbing inflation and stabilizing the Egyptian pound.

National Bank of Egypt and Banque misr both listed the dollar at 47.67 pounds for buying and 47.77 pounds for selling. ⁢The Bank of Alexandria mirrored these rates. The Commercial International Bank (CIB) offered a slightly lower buying⁢ rate of 47.65 pounds, with a selling price of 47.75 pounds.

Al baraka Bank posted a buying rate of 47.64 pounds and a selling rate ‌of 47.74 pounds.Abu ⁢Dhabi‍ Commercial Bank recorded the lowest buying rate at 47.60 ‍pounds, with a selling rate of 47.70 pounds. Credit Agricole Bank offered 47.65 pounds to purchase and⁢ 47.75 pounds to sell. the ‌Egyptian Arab Land Bank quoted 47.67 pounds for buying and 47.77‍ pounds for selling.

November 27, 2025 0 comments

Business

Title: National Bank Egypt Savings: 2,900 Monthly Income

by Priya Shah – Business Editor November 16, 2025

written by Priya Shah – Business Editor

Egyptians Can Earn Nearly 35,000 Pounds Annually wiht High-Yield Savings Certificates

Cairo, November 15, 2025 -⁤ Egyptian citizens seeking a secure, fixed monthly⁢ income‌ can now benefit‍ from high-yield savings certificates offered by leading banks. Currently, the largest bank in Egypt provides a one-year certificate with a 14% annual return, delivering a monthly income of ⁣2,916 Egyptian pounds on a 250,000-pound⁢ investment.

This⁤ prospect arrives as many Egyptians look to supplement their salaries or pensions with predictable financial gains, notably amidst ongoing economic ⁢fluctuations.Savings certificates, ranging in term from⁢ one to seven years, offer various return structures – fixed, variable, or decreasing‍ – but the demand is strongest for those providing a guaranteed, consistent income stream.The Central Bank of Egypt utilizes interest rate⁤ adjustments as a key tool ‌to manage inflation, impacting the attractiveness of these certificates.

while the 14% rate offers a significant ‌return, ‌the⁢ National Bank of Egypt currently⁢ leads⁢ with the highest fixed-return certificate⁤ at 17% annually. however, this premium rate is available for a longer commitment of ‌three years, or 36 months.

The 14% certificate ⁢translates to a total ‍return‍ of 34,992 Egyptian pounds over ⁣the 12-month period, based on the 2,916‌ monthly payout. These certificates provide a safe ⁢haven for savings, with returns determined either by a fixed rate or by the interest rate announced by the⁢ Central bank of Egypt. The Central Bank adjusts interest rates to control inflation, lowering them when prices‍ stabilize and increasing them when inflation rises.

November 16, 2025 0 comments

Business

Title: Will it decline after the Roman flag deal? The price of the dollar today against the Egyptian pound

by Priya Shah – Business Editor November 8, 2025

written by Priya Shah – Business Editor

Egyptian Pound Fluctuates Amidst Economic Scrutiny Following ‌Recent Agreements

Cairo, Egypt – November 8, 2024 – Teh Egyptian pound is exhibiting cautious ‍stability ‍against the US dollar‍ following ‌recent economic deals, including a important⁤ agreement with the International Monetary Fund and a land swap deal with Italy involving the roman flag. As‍ of today,November 8,2024,exchange rates across major Egyptian banks ⁣range between 47.25 and 47.48 pounds per dollar, prompting observation of potential downward pressure on the ‌currency. ⁤

the fluctuations come as ⁣Egypt navigates⁤ a‌ period of economic reform aimed at stabilizing its⁣ finances and attracting foreign investment. the recent agreements are ⁢intended to bolster ⁣the country’s foreign reserves and address a persistent dollar shortage. Though, market analysts are closely watching to⁢ see if these measures will ‍translate into a sustained decline in the dollar’s value against the pound,⁣ particularly given ongoing inflationary pressures‌ and import costs. The‌ exchange ⁣rate impacts businesses, consumers, and Egypt’s foreign debt obligations.

The Central Bank of Egypt ⁢(CBE) currently lists the dollar at 47.28 pounds for purchase and 47.41 pounds for sale. The National Bank of Egypt mirrors rates of 47.3 pounds to purchase and 47.4 pounds⁣ to sell. The Bank of Egypt reports a rate of 47.31⁢ pounds for purchase and 47.41 pounds ⁤for sale.⁤

Further details from banks across Egypt as of November 8, 2024, include:

* Bank⁣ of Alexandria: ⁢47.25 pounds to purchase, 47.35 pounds to sell.
* Commercial‍ International Bank ‌(CIB): 47.3 pounds to purchase, 47.4 pounds to⁣ sell.
* ⁢ Abu Dhabi⁣ Islamic Bank: 47.38 pounds to ‌purchase, 47.48 pounds to sell.
* ⁢ Al Baraka Bank: 47.28 pounds to purchase, 47.38 pounds to sell.
* Suez Canal Bank: 47.3 pounds to purchase,47.4 pounds to sell.

November 8, 2025 0 comments

Business

CHAYO Expands Debt Portfolio with JV AMC – Stock Miti

by Priya Shah – Business Editor November 5, 2025

written by Priya Shah – Business Editor

CHAYO Group‍ Eyes Expansion with Joint‌ Venture ‍AMC, Anticipates⁢ Increased Debt Portfolio

Bangkok, Thailand - chayo Group Public Company limited (CHAYO) is ⁢positioning itself ⁤to capitalize on new opportunities arising from bank of Thailand guidelines promoting joint venture ⁤Asset Management⁢ Companies (AMCs), according to CEO suksan Yasasin. The initiative, designed to address debt issues within the public and ‍SME ⁣sectors, is‍ expected to bolster CHAYO’s business growth and strategic partnerships.

The JV structure will allow CHAYO to swiftly acquire ‌debt and possibly ‍resell ⁢it to other AMCs at favorable prices, while also facilitating continuous debt ⁤acquisition through improved access to⁤ bank funding and competitive financial costs.

while the company anticipates slower growth in the second half of 2024 due to limited debt sales, CHAYO remains poised to increase purchases should more debt become available and prices decline, particularly in December.

Yuanta ⁤Securities (Thailand) forecasts an acceleration in CHAYO’s operating results in the second⁤ half of 2025, driven by effective management of newly acquired bad ⁣debts and increased Non-Performing asset (NPA) ‍sales typically seen at year-end. This is projected‍ to result in⁢ a net profit⁤ of 454 ‌million baht for 2025.

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November 5, 2025 0 comments

Business

Title: Egypt Interest Rates: Central Bank & 17% Savings Certificates

by Priya Shah – Business Editor October 24, 2025

written by Priya Shah – Business Editor

Central Bank⁤ of Egypt Meeting Set for November‌ 20, 2025, as High-Yield Certificates Draw Investor Interest

CAIRO – The Central Bank of Egypt (CBE) has scheduled ‌its next interest rate meeting for November 20, 2025, as egyptians increasingly seek secure, fixed-income investment options amid ongoing economic conditions. The CBE convenes eight⁤ interest rate meetings annually⁤ to manage inflation and guide monetary policy.

These meetings⁢ are⁤ closely⁣ watched by citizens looking to maximize returns on savings, ⁣particularly through fixed-rate certificates of⁣ deposit.⁣ Currently, the National Bank‍ of Egypt is offering a leading rate of 17%‍ annually on 3-year “platinum certificates,” providing a consistent monthly income‌ stream. this⁣ comes as the‌ CBE utilizes ⁢interest‍ rate adjustments⁣ as a key tool to control inflation,lowering rates ‌when prices stabilize and raising them when inflation⁣ rises.

According to Mohammed Al-Etreby, President of the Egyptian Banks Union ‍and ⁤CEO ‌of the National ⁢Bank of Egypt, the 17% fixed-return ‍certificates remain available. speaking from Washington, D.C., Al-Etreby⁢ stated these certificates ‌offer a monthly interest⁤ payout and are⁤ available in increments starting⁢ at 1,000⁢ Egyptian pounds.

For ⁣a 100,000 Egyptian pound investment over three ⁣years, these certificates yield approximately 1,416‍ Egyptian pounds per month-a⁤ total of ⁣50,784 Egyptian pounds ⁣over the 36-month term. The National⁤ bank of Egypt’s offering ⁤provides a stable income source,⁣ supplementing salaries and pensions for many Egyptians. Savings certificates, in general, provide citizens with either fixed‍ or variable returns tied to the CBE’s announced interest ‌rates.

October 24, 2025 0 comments

Business

Title: National Bank Egypt Certificates: Interest Rate Update & Returns

by Priya Shah – Business Editor October 23, 2025

written by Priya Shah – Business Editor

National Bank of Egypt‘s 17% Certificates ‍Face Potential Shift as Central bank ⁤Rate Decision Looms

WASHINGTON, D.C.- October 23,2025 – The future of the⁣ National Bank of Egypt’s (NBE) popular platinum certificates offering a ⁣fixed 17% annual return hangs in the balance as the Central Bank of Egypt‍ prepares to review interest rates next‍ November. Currently, these certificates represent ‌the highest interest ⁢rates available at NBE, ⁤and ⁤remain on offer, according⁣ to‌ Muhammad Al-Etribi, President of the Egyptian Banks Federation and CEO of the National Bank of Egypt.⁢ The impending Central Bank⁢ decision could substantially impact the attractiveness and availability of ⁣these high-yield savings options ⁤for Egyptian ⁢investors.

The NBE’s platinum certificates, available in denominations of 1,000 Egyptian pounds and multiples thereof, allow customers to receive monthly ⁤interest⁣ payments throughout ⁢the three-year term.⁤ An investment⁢ of 100,000 Egyptian pounds yields a monthly return of 1,416 Egyptian‌ pounds, totaling 50,976 Egyptian pounds over the 36-month period. Though, analysts predict that if‌ the Central Bank lowers benchmark interest rates,⁤ NBE‍ might potentially be compelled to adjust the rates on its certificates to maintain profitability and align ‌with broader market⁢ conditions.

Al-Etribi confirmed the certificates ⁢are still being offered as of statements made from ⁤Washington, D.C.He also highlighted the availability ⁣of‌ a savings certificate with a fixed monthly return for a three-year⁣ term, offered by‌ the National bank ‌of Egypt. The outcome of the November review will ⁢be⁤ closely watched by savers and investors ⁣seeking to maximize returns ⁢in the Egyptian financial market.

October 23, 2025 0 comments

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