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The Central Bank of Egypt (CBE) announced that the total value of interbank payments in local currency processed through the ...
Amid global market volatility and mounting domestic economic pressures, the Egyptian pound (EGP) is undergoing one of its ...
Egypt's annual urban consumer price inflation accelerated to 13.6% in March from 12.8% in February, higher than analysts had ...
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The Central Bank of Egypt (CBE) announced that net foreign assets within the Egyptian banking system rose by approximately $1 ...
The Central Bank of Egypt (CBE) announced that net foreign assets within the Egyptian banking system rose by approximately $1 ...
The PM emphasized that Egypt adheres to a flexible exchange rate system aimed at preserving economic stability and navigating ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The 2% drop in the pound's value can have far-reaching implications for the Egyptian economy. As the pound weakens, the cost of imports rises, leading to an increase in the prices of goods and ...
Egypt’s currency plunged the most since last year’s devaluation to hit a record low after US President Donald Trump’s tariffs ...
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African nations aren’t rushing to prop up their local currencies and tap their limited foreign-exchange reserves, even as US ...