One record after another continues to be “broken” by the golden pound, the price of which climbed last week to the historic height of 612 euros, while on Monday it was at 605 euros per piece. Goldsmiths are watching the price “rally” that gold has been carrying out for the last two months, without being … Read more
2023-10-27 13:59:48 The world is on the brink of recession; Will a nationalized rupee change things? Here are the recommendations Internationalization of Rupee Indian Rupee | Reserve Bank of India | Manorama Online Premium The world is on the brink of recession; Will a nationalized rupee change things? Here are the recommendations Internationalization of Rupee … Read more
2023-10-10 01:07:08 Al-Marsad newspaper: British bank HSBC expects the Egyptian pound to decline by 25% against the US dollar. HSBC Bank believed that the price of the Egyptian pound would approach its price in the parallel market that prevailed for most of the last quarter of this year, i.e. approximately 38 to 39 pounds per … Read more
2023-09-21 20:49:19 Cairo, Egypt (CNN) – The Central Bank of Egypt decided, on Thursday, to maintain the deposit and lending return rates at the level of 19.25% and 20.25%, respectively, attributing the reason for this to “the consistency of the inflation data with the bank’s expectations,” while bankers believe that Increasing interest rates “is no … Read more
2023-09-17 19:04:31 Dubai, United Arab Emirates (CNN) – Economists ruled out that the Egyptian government would take a decision to move the exchange rate of the pound against the dollar, after the package of social protection decisions taken by President Abdel Fattah El-Sisi, yesterday, Saturday, stressing that the government is working to increase its dollar … Read more
2023-08-28 20:49:38 Cairo, Egypt (CNN) — The relative improvement of the Egyptian economy’s indicators was reflected in the stock market’s performance, which recorded the highest level in its history during the Sunday and Monday sessions of this week, and foreign investments resumed pumping investments again with limited values after a continuous sale that lasted 18 … Read more
2023-08-20 10:34:08 Sunday, 08-20-2023 01:34 PM The price of the dollar stabilized today in Egypt against the pound, amid anticipation on the black market. The market interacted with the positive news from the government, which approved the requests of some private companies to buy land in dollars, which supports the increase in liquidity in the … Read more
2023-08-13 19:52:36 Dubai, United Arab Emirates (CNN) – The price of the dollar has rebounded against the Egyptian pound in the parallel market, ranging from 38.5 to 40 pounds, according to dealers, after a stability of about two months. Experts attributed the reasons for the rise of the dollar again on the black market to … Read more