Dollar

Dollar price increases at end of transactions at Egypt's major banks

Mon, 30 Jan 2023 - 05:43 GMT

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered LE 29.90 for buying and LE 30.00 for selling.

Brazil, Argentina discuss issuing new common currency to reduce reliance on dollar

Mon, 30 Jan 2023 - 04:26 GMT

Brazil’s President Luiz Inacio and Argentina’s President Alberto Fernández wrote in an Argentinian paper –Perfil- on Sunday Jan 22, 2023 that they wanted more integration between the two neighboring countries.

Egypt’s banking sector provides $2B of importers’ requests within 3 days

Mon, 16 Jan 2023 - 03:16 GMT

This confirms the ability of the banking sector to cover pending currency requests for importers as soon as possible.

Flexible exchange rate helps stabilize commodity prices, avoid random pricing: Expert

Thu, 12 Jan 2023 - 10:11 GMT

The US dollar price started with a surge recording LE 32, and then decreased to LE 29.67 on Wednesday.

Dollar exchange rate stable at start of Tuesday transactions at Egypt's major banks

Tue, 10 Jan 2023 - 01:46 GMT

The euro price slightly went up 14 to 15 piasters, registering EGP 29.37 for buying and EGP 29.49 for selling at Banque Misr and the NBE.

Dollar exchange rate rises against Egyptian pound, exceeding LE 26

Wed, 04 Jan 2023 - 11:11 GMT

In the two largest banks in terms of assets and transactions, the National Bank of Egypt and Banque Misr, the exchange rate recorded LE 25.9 for purchase, and LE 25.95 for sale.

Egypt denies allegations about pound exchange rate, dollar shortage

Tue, 13 Dec 2022 - 05:37 GMT

It stated in a recent report that Egypt has recently adopted a flexible exchange rate policy, describing it as the most appropriate one in the case of open economies that adopt an independent monetary policy.

Egypt has plan to provide hard currency, aware of price increase crisis: PM

Wed, 07 Dec 2022 - 03:05 GMT

Madbouli elaborated that the government is aware that there is a rise in prices.

Dollar price stable at Egypt's major banks

Mon, 21 Nov 2022 - 11:33 GMT

According to the Central Bank of Egypt (CBE), the average dollar rate at the Egyptian market registered EGP 24.44 for buying and EGP 24.51 for selling.

Egypt not tied to dollar, pound index to be conducted: CBE governor

Mon, 24 Oct 2022 - 10:29 GMT

He noted during Egypt’s Economic Conference that the CBE enjoys complete independence, and at the same time there is coordination with the government and the private sector as well.

US dollar exchange rate stable at beginning of transactions

Wed, 12 Oct 2022 - 01:21 GMT

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 19.63 for buying and EGP 19.69 for selling.

US dollar exchange rate up at major banks in Egypt

Tue, 11 Oct 2022 - 03:07 GMT

At the Commercial International Bank (CIB), the dollar rate recorded EGP 19.65 for buying and EGP 19.71 for selling.

US dollar exchange rate stable at major banks in Egypt

Sun, 02 Oct 2022 - 11:45 GMT

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 19.51 for buying and EGP 19.57 for selling.

Dollar exchange rate surpasses LE19 at Egypt's major banks

Tue, 02 Aug 2022 - 03:34 GMT

The US dollar rate increased by 5 piasters for buying and selling.

Egyptian pound to reach LE21/$ by end of 2022 with further fall to take place

Mon, 01 Aug 2022 - 04:41 GMT

The economics company also anticipated a 16 percent decrease by the end of 2024 to record 25 per dollar.

Dollar exchange rate stable at major banks in Egypt

Tue, 19 Jul 2022 - 01:03 GMT

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 18.85 for buying and EGP 18.91 for selling.

Egypt sets custom dollar at LE 18.64 for essential commodities in June

Wed, 01 Jun 2022 - 02:49 GMT

The price of the customs dollar is the price that the Ministry of Finance used to set for the dollar against the pound on a monthly basis.

Exchange department: 300% increase in dollar selling rate

Thu, 24 Mar 2022 - 04:35 GMT

Hariri noted that a large group of customers untied their dollar-saved bank deposits and bought Egyptian pounds to benefit from the proceeds of the one-year certificates offered by the two state-owned banks.

Dollar exchange rate increased between 28-30 piasters against Egyptian pound

Tue, 22 Mar 2022 - 02:41 GMT

The dollar rate registered LE 18.45 for buying and LE 18.55 for selling at the Commercial International Bank (CIB).

US dollar exchange rate jumps to LE 17.5

Mon, 21 Mar 2022 - 11:11 GMT

The US dollar exchange rate rose from LE 15.6 for purchase and LE 15.75 for sale.

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