A new collapse of the Egyptian pound after the sudden improvement and a violent blow on the black market today

2023-12-01 19:04:00 The prices of the Egyptian pound fell against the US dollar and foreign currencies on the black market today, Friday, December 1, after the Egyptian pound improved earlier. Exchange rates deteriorated again, and the price of the Egyptian pound against the dollar reached 48.90 for purchase and 49.90 for sale, after it declined … Read more

Today’s price of the Saudi riyal against currencies, Monday, October 30, 2023

2023-10-30 23:49:03 In this report, the Aswaaq News website reviews the price of the Saudi riyal today against currencies, Monday, October 30, 2023, and it witnessed a difference and variation for all Arab or foreign currencies, and this happened with the start of daily transactions, and we are now reviewing it in this report as … Read more

The Egyptian pound continues to collapse against the dollar and Saudi Arabia on the black market, and these are the exchange rates

2023-10-28 14:30:00 The exchange rate of the Egyptian pound against the Saudi riyal on the black market continued today, Saturday, as the price of the Saudi riyal reached 12.53 Egyptian pounds, compared to 8.19 Egyptian pounds in the official market, while the dollar reached 47 pounds, compared to 30.90 in the official market. It is … Read more

The Central Bank of Egypt directs banks to stop “debit cards” abroad

2023-10-09 05:59:47 The Central Bank of Egypt directed banks operating in the country to stop using “direct debit cards” for customers abroad, and to limit their use inside Egypt only, without specifying the time period for implementing this directive, according to 4 heads of banks operating in Egypt who spoke to Al-Sharq. The verbal instructions … Read more

Understanding Egypt’s Currency Crisis: IMF Loan, Devaluation, and Economic Challenges

2023-10-05 17:32:33 In an interview with Bloomberg, Georgieva praised the other steps taken by Egypt, the second largest borrower from the IMF after Argentina, to correct the course of its crisis economy. Egypt has devalued its currency three times since early 2022, and the pound has lost nearly half of its value against the dollar. … Read more

S&P expects the depreciation of the pound and the worsening of inflation in Egypt

2023-08-17 10:59:17 interest rates If Egypt wants to move forward with the policy of gradually containing inflation through monetary policy tools and in switching to a flexible exchange system for foreign currencies, a new hike in interest rates will be justified, after the Central Bank of Egypt raised it by 11 percentage points (1100 basis … Read more

The price of the Omani riyal in Egyptian today, Saturday, August 12, 2023

2023-08-12 16:35:06 Many citizens want to know the price of the Omani riyal in Egypt today, Saturday, August 12, 2023, as the price of the Omani riyal rose, against Arab and foreign currencies, in the official markets of the Sultanate of Oman for currency trading during today’s transactions. The price of the Omani riyal in … Read more

The price of the dollar in Egypt today, Saturday 1-7-2023, the price of the dollar on the black market in Egypt today

2023-07-01 06:08:00 Cairo – Safa Dollar prices today in Egypt Today, Saturday, July 1, 2023, dollar prices in Egypt witnessed a noticeable decrease at the beginning of daily trading, reaching 30.87 Egyptian pounds, while foreign currencies in Egypt witnessed noticeable changes. Currency rates on the black market today in Egypt “Safa” agency provides, in detail, … Read more