According to the official exchange rate of the Central Bank of Egypt (CBE), the Egyptian pound traded at 19.57 against the dollar, weakening further than the previous record low of EGP 19.56 back ...

The pound fell more than 2% on the offshore market, before paring some of its losses to trade at 51.43 per dollar at 12:10 p.m. in Cairo on Monday. It was the biggest decline since authorities in ...

Egypt is poised to cut interest rates for the first time in almost five years, although the reduction may be limited as US ...

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The pound is trading at about 49.8 against the US currency, its weakest since Egypt let it plunge nearly 40% in ... the International Monetary Fund and Egyptian officials discuss the government ...