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    • Egyptian Pound (EGP)

Egyptian Pound (EGP) Newsletter
  • Egypt’s net international reserves rise to $48.7bn in June 2025 07 Jul 2025 20:00 GMT

    … indicated that the foreign currency component of the … 679bn the previous month. Egypt’s foreign exchange reserves … pound, Japanese yen, and Chinese yuan. The allocation of each currency … uncertainty, particularly when foreign currency inflows from key sectors …

  • Egypt’s Qalaa Holdings reports $3bln in annual revenue 07 Jul 2025 13:34 GMT

    … by the depreciation of the Egyptian pound. However, the refinery posted a …

  • Egypt’s partnership with BRICS boosts the value of local currency: Expert 07 Jul 2025 08:05 GMT

    … 17th BRICS Summit offers Egypt significant economic gains by … support the Egyptian pound. The economic expert explained that Egypt is now … of the local currency and increase Egypt’s flexibility in … projects, Raouf explained that Egypt’s membership in the …

  • Dollar Slips Against Egyptian Pound Amid Diverging Bank Rates 29 Jun 2025 21:41 GMT

    … US dollar against the Egyptian pound witnessed a clear decline … Bank of Egypt (NBE), Crédit Agricole Egypt, First Abu … demand or improved foreign currency availability. Notable Variations Highlight … . Looking Ahead As currency traders and economic observers …

  • Euro Surges Against Egyptian Pound to Over 30-Piaster Jump 22 Jun 2025 21:34 GMT

    … a notable surge against the Egyptian pound on Sunday, marking a … the Central Bank of Egypt (CBE). At Egypt’s two largest … on Egypt’s foreign exchange market,” said a senior currency trader … forces behind capital outflows from Egypt and similar economies. For …

  • Naira Trades Stronger in July as Currency Reform Begins to Yield Dividends 02 Jul 2025 14:29 GMT

    … depreciations are the South Sudan pound and Zimbabwe dollar, both … as Ethiopia, Malawi, and Egypt, the same drivers by … drastic devaluations of the currency, while Ghana’s cedi … full recovery. For sustained currency appreciation, Nigeria would nevertheless …

  • Egypt's North Coast readies for fresh flow of Qatari investments 27 Jun 2025 08:57 GMT

    … . "Cooperation between Egypt and Qatar acquires greater … beach tourism destinations in Egypt, including the world-famous … Egypt's industrial sector and caused the Egyptian pound … because they increase foreign currency revenues, which are important …

  • Israel-Iran escalation may affect Egypt’s property prices: Developers 22 Jun 2025 17:44 GMT

    … repercussions that would affect Egypt’s property market. Shoukry … slight depreciation of the Egyptian pound against the US dollar, … . Strategic Restraint and Currency Risks He noted that … additional strain on Egypt’s foreign currency reserves and heightening …

  • Dollar Drops against Egyptian Pound to 49.63 02 Jun 2025 07:08 GMT

    … dollar exchange rate against the Egyptian pound witnessed new changes in trading … inflation, the strength of the Egyptian pound against other currencies, and other …

  • Pound's strength means Brits could be in for summer holiday spending boost 21 Jun 2025 00:13 GMT

    … in thanks to the pound’s strength, a recent … of spending power gainers include Egypt, Australia, and New Zealand … than £100 into foreign currency. As a consequence, holidaymakers … sterling rather than local currency, incurring unnecessary transaction charges …

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