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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …