-
Africa’s Currency Stability in 2026: Are Africa’s FX Buffers Finally Gaining Strength?
27 Feb 2026 14:02 GMT
… the aim of liberalising the FX market, improving fuel subsidies, … price discovery in the FX market and that the exchange … can help strengthen foreign currency receipts, they also increase … Egypt’s reform package has been the floatation of the Egyptian pound …
-
Dollar Holds Holds Near 48 Against Egyptian Pound
27 Feb 2026 08:35 GMT
…
The Central Bank of Egypt (CBE) reported a representative … between demand for foreign currency, driven by imports … sudden market shocks.
The Egyptian pound strengthened by about 11 … improved foreign currency liquidity and supporting the Egyptian pound’s short …
-
Dollar Jumps, Euro Rises Against Egyptian Pound
25 Feb 2026 19:57 GMT
… a sudden surge against the Egyptian pound at the close of … foreign currency.
In parallel developments, the Central Bank of Egypt announced … annual figure on record.
Egypt also received around $3. … 02 to sell against the Egyptian pound.
The euro recorded 56. …
-
IMF releases $2.3 billion to Egypt after reforms help to stabilize economy
26 Feb 2026 15:39 GMT
… billion bailout loan for Egypt approved in 2022 was … staggering shortage of foreign currency and soaring inflation that … Egypt took to tackle inflation included the flotation of the Egyptian pound … major source for foreign currency. The attacks forced traffic …
-
Egyptian pound drops to LE47.9 against the dollar
24 Feb 2026 21:15 GMT
… exchange office in central Cairo, Egypt December 27, 2016. REUTERS…
The value of the Egyptian pound has declined steadily against the … surpassed LE51 amid foreign currency outflows that amounted to … Committee, anticipated that the pound’s value will not …
-
Egypt’s Stock Exchange Slides 2.73% as Foreign Selling Deepens
25 Feb 2026 19:57 GMT
… renewed pressure on Egypt’s currency. The Egyptian pound weakened sharply during … the National Bank of Egypt, the dollar was quoted … close.
Analysts say the currency move reflects broader risk aversion … after Wednesday’s losses, Egypt’s main index remains up …
-
How Would a New BRICS Currency Affect the US Dollar?
24 Feb 2026 21:50 GMT
… India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and … currency for conversion and its use as a benchmark in the forex … reserve currency, followed by the euro, the yen, the pound … new trading pairs, alter currency correlations and increase market …
-
Why Egypt’s 17.75% Citizen Bond bypasses banks to secure EGP 7.7tn in savings
23 Feb 2026 17:07 GMT
… marking a significant shift in Egypt’s fiscal architecture.
What … the retail market via the Egypt Post network, the Ministry … of Egypt reveals that individual deposits in local currency reached … Ministry is clear: every pound subscribed through a post office …
-
U.S. dollar loses global reserve currency dominance: IMF data confirms lowest share in 30 years as de-dollarization accelerates — is America’s financial power at risk?
23 Feb 2026 14:10 GMT
… reserves where the currency composition is actually reported … Arabia, the UAE, Iran, Egypt, and Ethiopia — has … . The proposed BRICS currency has no implementation timeline … Reserve currency transitions historically take generations. The British pound…
-
Poultry farmers protest Egypt’s decision to open doors to imports
26 Feb 2026 09:20 GMT
… the exchange rate of the Egyptian pound.
ALSO READ: Egypt sets sight …