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    • Egyptian Pound (EGP)

Egyptian Pound (EGP) Newsletter
  • Pound of meth seized in drug bust 09 May 2025 23:56 GMT

    … local residence and about 1 pound of the drug this week … in the 2100 block of Egypt Road resulted in the discovery … large amount of U.S. currency believed to be drug proceeds …

  • IMF Begins Fifth Review of Egypt’s $8 Billion Loan Program Amid Debt Pressures 08 May 2025 19:44 GMT

    … end of 2025. Meanwhile, Egypt faces significant repayment obligations, … commitments.” He explained that Egypt has only repaid $10 … IMF Review Targets Fuel Prices, Currency, and Asset Sales Meanwhile, … slight devaluation of the pound, and signing new investment …

  • Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE 07 May 2025 14:12 GMT

    … revenues from foreign currency-generating sectors such … recently, supporting foreign currency inflows and foreign direct … currency and bolsters foreign exchange reserves. He pointed out that Egypt … notably the dollar, euro, pound sterling, Japanese yen, and …

  • Egypt’s Foreign Reserves Continue Upward Trend Reaching $48.14 Billion in April 07 May 2025 12:54 GMT

    CAIRO - 7 May 2025: Egypt’s net international reserves (NIRs … rise over several months. Egypt’s foreign reserves are made … the US dollar, euro, British pound, Japanese yen, and Chinese … the relative stability of each currency in international markets. This …

  • Egypt lawyers appeal 2016 Red Sea boundary deal with Saudi 07 May 2025 09:19 GMT

    … boundary delimitation agreement between Egypt and Saudi Arabia that … after signing the deal, Egypt invited international petroleum companies to … US military continues to pound the positions of the … of Egypt's most important sources of foreign currency. …

  • Understanding Egypt’s Approach to Hot Money and Economic Stability 06 May 2025 10:46 GMT

    … in 2016 turned Egypt into a favored destination … money have fled Egypt almost overnight, with … sudden outflows triggered sharp currency depreciations, depleted foreign reserves … currency shortages, Egypt continued to raise interest rates and devalued the pound

  • Egypt current account deficit narrows as remittances soar 06 May 2025 02:42 GMT

    … earlier, when an overvalued currency and a thriving black market … trade out of the official currency market. The black market … the government sharply devalued the Egyptian pound and hiked interest rates, … Monetary Fund in March 2024. Egypt's trade deficit …

  • Egypt's net foreign assets jump in March after IMF review approval 05 May 2025 15:18 GMT

    … based on official central bank currency exchange rates. The International … approved the disbursement to Egypt of $1.2 billion … were significant purchasers of Egyptian pound treasury bills after the … matured, two bankers said. Egypt had been using foreign …

  • Euro Drops against Egypt Pound by more than 20 Pt. 30 Apr 2025 23:23 GMT

    … European currency's rise and fall against the Egyptian pound … ;s price against the Egyptian pound fell by more than … Egypt (CBE). At the central bank, the European single currency …                    57.64     57.80 Pound Sterling   67.76     67.96 …

  • The tiny country home to world's strongest currency - better than pound, euro and dollar 03 May 2025 08:17 GMT

    The Middle East is home to many fascinating countries that attract tourists in their millions. Last year, a whopping 95 million visitors descended on the region, seeking new horizons and experiences.Saudi Arabia was the most popular Middle Eastern …

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