Find out the latest exchange rate of the Egyptian pound against the dollar … and a surprise about the Saudi riyal

2023-06-22 20:40:44 Al-Marsad Newspaper: The weak demand for the dollar in Egypt at the present time has led to huge losses for speculators in the black market. One of the merchants said, according to Arabic. Net, that with the decline or collapse of the demand for the dollar, its prices in the parallel market fell … Read more

Egyptian Government Partners with International Finance Corporation to Boost Private Sector and Sell Assets Worth $40 Billion in 4 Years

2023-06-20 02:07:11 Cairo, Egypt (CNN) — The Egyptian government has contracted with the International Finance Corporation – the arm of the World Bank Group to empower the private sector – to provide technical support and advice to the government offering program, and to assist in structuring and preparing the companies targeted for offering to the … Read more

President El-Sisi’s Measures to Stabilize Egypt’s Economy and Currency: Impact on Citizens and Global Crisis

2023-06-14 18:45:00 Books – Ahmed Yaqoub Wednesday, June 14, 2023 09:45 PM Informed banking sources told Al-Youm Al-Sabea that President Abdel-Fattah El-Sisi’s statements, today, Wednesday, that the government intervened in the exchange rate to stabilize the price of the dollar, confirms the president’s bias towards the Egyptian citizen to work to alleviate the burdens of … Read more

A famous Swiss bank expects the Egyptian pound to drop between 45 and 50 pounds by the end of August

2023-06-01 23:03:20 Al-Marsad Newspaper: Economists revealed new expectations that carry unpleasant surprises about the path of the Egyptian pound against the US dollar. The Swiss bank “Credit Suisse”, in a recent research note, expects the pound’s exchange rate to drop to between 45 and 50 pounds by the end of August, due to the slow … Read more

Learn about the exchange rate of the dollar against the Egyptian pound in official banks and the black market

2023-04-30 14:14:47 Al-Marsad Newspaper: Some dealers are following the movements of the dollar in the black market for exchange in Egypt, with a state of concern, amid news that there are no new reductions in the pound in the official market during the current period. The price of the dollar on the black market is … Read more

At the end of the first working day after the interest rate hike.. the price of the dollar against the pound on Sunday evening

The price of the dollar concluded trading today, Sunday, in the banks of the Egyptian banking sector, against the pound, without moving from the levels of last March, near 30.95 for sale. The price of the dollar in the Central Bank of Egypt today against the pound recorded 30.83 for purchase and 30.96 for sale, … Read more

After a wave of stability, the price of the dollar is rising again on the black market

Today, Tuesday, March 28, 2023, the price of the dollar rose on the black market by about 3 pounds against the Egyptian pound. Sources told The Weekly that the price of the dollar against the pound increased today in the parallel market, bringing the buying and selling price to 38 and 37.5 pounds, respectively, compared … Read more