Will the Egyptian government's recent decree preparing to institute profit margins caps solve the country's basic commodities shortage?
The official exchange rate for the Egyptian pound has remained steady at LE7.73 to the US dollar since November, but the black market exchange rate shot up to over LE9…
Egypt’s increasingly controversial attempts to hold the pound steady against the US dollar require strict policies to maintain. While these measures seemingly have the desired affect when it comes to…
The Egyptian pound has declined by 5.46 percent against the dollar since January 18, reflecting a clear shift in the Central Bank's policy to keep the rate relatively stable against…
The Egyptian pound strengthened on the black market, hovering around LE15.2 to LE15.6 to the dollar on Sunday.
In the latest move in a campaign to stamp out Egypt’s currency black market, the Central Bank of Egypt on Sunday revoked…
The Egyptian pound's value fell on the black market, exceeding LE12 to the US dollar for the first time.
Importers of “necessary commodities” will no longer face limits on deposits or withdrawals of hard currency, Egypt’s Central Bank announced Wednesday. On…
Amid reports the black market exchange rate for US dollars had climbed to a new record of LE9.80 on Sunday, Egyptian MPs called on…
The Egyptian pound held steady at LE7.53 to the dollar Sunday for the fourth auction in a row, after losing 5.5 percent…
«Egypt is also a player in the global wildlife trade.»
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