Central Bank of Egypt Archives - Middle East Observer

October 4, 2023

Egypt: The Dollar approaching LE 13 in the Black Market

July 25, 2016 Ahmed Rashed

The Dollar has witnessed an unprecedented increase in Egypt’s black market recently. According to local reports, the dollar selling price ranged between 12.50 and 12.60 Egyptian pounds while its purchase price was around 12.30 pounds. In [ More … ]

CBE Governor: Egypt Is to Witness Further Currency Devaluation

July 4, 2016 Ahmed Rashed

The Central Bank of Egypt’s Governor Tarek Amer considered the focus on defending the Egyptian pound over the past five years was a “grave mistake,” signaling the possibility of another devaluation after he weakened the [ More … ]

Central Bank of Egypt

Egypt: The Dollar approaching LE 13 in the Black Market

CBE Governor: Egypt Is to Witness Further Currency Devaluation

Egypt: U.S. ‘Senate begins to stand up to Egypt’s dictator’: WP

Morgan Stanley downgrades Egypt’s credit rating amid looming risks; non-oil activity contracts for 34th. month in a row

Torture in Egypt a ‘crime against humanity’, say rights groups

US senior Senate, House democrats support blocking military aid to Egypt

As Egypt’s economy struggles, UAE and Egypt agree to a currency swap deal