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21 April 05:04 PM

Currencies

The USD has stabilised against the EGP in NBE and Banque Misr at EGP 17.26 for purchasing, EGP 17.36 for selling
4 April 02:56 PM USD stable against EGP at 18 national banks Thursday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has been stable on Thursday at 18 national banks. The USD has stabilised against the EGP in National Bank of Egypt (NBE), Suez Canal Bank, Banque Misr, and Bank of Alexandria …
Currencies
The greenback recorded around EGP 17.24 for buying and EGP 17.35 for selling on Thursday
21 March 04:35 PM Will USD hover below EGP 17 at national banks? – Analysis
By: Eslam Fadl Cairo – Mubasher: The US dollar has been notably falling against the Egyptian pound since the Central Bank of Egypt’s (CBE) governor stated that the USD/EGP exchange rate would see further volatility. The USD exchange rate against …
Banking and Finance
Customers will need an Emirates ID or passport to sell the digital currency later
19 March 04:03 PM Dubai sees 1st Bitcoin ATM at Rixos Premium on JBR
Dubai – Mubasher: The emirate of Dubai has seen the installation of the first Bitcoin ATM at the five-star Rixos Premium Dubai Hotel at JBR. The move enables residents and tourists to buy Bitcoin through an ATM using just cash, Khaleej Times …
Currencies
EGP has risen remarkably against USD on Tuesday
19 March 03:37 PM EGP rises against USD Tuesday
Cairo – Mubasher: The Egyptian pound has risen remarkably against the US dollar on Tuesday at national banks. The USD exchange rate dipped by EGP 0.1 against the EGP to EGP 17.27 for buying and EGP 17.37 for selling at National Bank of Egypt (NBE) …
Banking and Finance
The USD rate slashed by EGP 0.1 to EGP 0.4 against the EGP on Monday
18 March 03:54 PM USD inches down against EGP Monday
Cairo – Mubasher: The US dollar exchange rate slashed by EGP 0.1 to EGP 0.4 against the Egyptian pound on Monday. The USD rate fell by EGP 0.3 to EGP 17.31 for buying and EGP 17.41 for selling at the National Bank of Egypt (NBE), while it slipped …
Banking and Finance
The USD rate yesterday slipped by EGP 0.1 to EGP 17.34 for buying and EGP 17.44 for selling at the NBE, Banque Misr
18 March 11:52 AM EGP marks 2-yr high against USD
Cairo – Mubasher: The Egyptian pound has hit its highest level against the US dollar in two years, as the USD recorded EGP 17.32 for buying and EGP 17.44 for selling at the Central Bank of Egypt (CBE). On Sunday, the USD exchange rate fell by EGP …
Currencies
The USD rate fell by EGP 0.1 to EGP 17.34 for buying and EGP 17.44 for selling at NBE, Banque Misr
17 March 03:13 PM USD slips against EGP Sunday
Cairo – Mubasher: The US dollar exchange rate on Sunday fell by EGP 0.1 to EGP 0.4 against the Egyptian pound at national banks. The USD rate fell by EGP 0.1 to EGP 17.34 for buying and EGP 17.44 for selling at Egypt’s two largest state-owned …
Macroeconomics
The USD rate fell by EGP 0.3 to EGP 17.35 for buying and EGP 17.45 for selling at Egypt’s two largest state-owned lenders
14 March 04:55 PM USD edges down against EGP Thursday
Cairo – Mubasher: The US dollar exchange rate on Thursday slipped by EGP 0.3 to EGP 0.6 against the Egyptian pound at national banks. The USD rate fell by EGP 0.3 to EGP 17.35 for buying and EGP 17.45 for selling at Egypt’s two largest state-owned …
Banking and Finance
USD stable against EGP Wednesday
13 March 03:06 PM USD stable against EGP Wednesday
Cairo – Mubasher: The US dollar exchange rate remained stable against the Egyptian pound on Wednesday. The USD rate settled at EGP 17.38 for buying and EGP 17.48 for selling at Egypt’s two largest state-owned lenders, namely the National Bank of …
Macroeconomics
The USD rate settled at EGP 17.46 for buying and EGP 17.56 for selling at Egypt’s two largest state-owned lenders
26 February 04:12 PM USD stable against EGP Tuesday
Cairo – Mubasher: The US dollar exchange rate remained stable against the Egyptian pound at some Egyptian state-run banks on Tuesday. The USD rate settled at EGP 17.46 for buying and EGP 17.56 for selling at Egypt’s two largest state-owned …
Banking and Finance
USD slips against EGP at Egyptian banks
24 February 04:13 PM USD slips against EGP at Egyptian national banks
Cairo – Mubasher: The US dollar exchange rate fell against the Egyptian pound at some national Egyptian banks on Sunday. The USD rate dropped to EGP 17.47 for buying and EGP 17.57 for selling at Egypt’s two largest state-run banks, namely the …
Currencies
EGP stabilises against USD Tuesday
19 February 03:28 PM EGP stabilises against USD Tuesday
Cairo – Mubasher: The Egyptian pound exchange rate remained stable against the US dollar at national banks on Tuesday. The USD rate remained stable at EGP 17.49 for buying and EGP 17.59 for selling at Egypt’s two largest state-run banks, namely …
Currencies
EGP may see further volatility if traders inclined to the open market
14 February 07:30 PM Investors in EGP eye interest-rate cuts ahead of MPC meeting Thursday
Cairo – Mubasher: Forex traders of the Egyptian pound are maintaining their investments in the currency, anticipating the Central bank of Egypt's (CBE) decision to slash interest rates, according to Bloomberg. “Traders in the pound are betting …
Banking and Finance
EGP stabilises against USD Wednesday
13 February 03:50 PM EGP stabilises against USD Wednesday
Cairo – Mubasher: The Egyptian pound exchange rate remained stable against the US dollar at national banks on Wednesday. The USD rate remained stable at EGP 17.55 for buying and EGP 17.65 for selling at Egypt’s two largest state-run banks, namely …
Macroeconomics
The USD rate remained stable at EGP 17.55 for buying and EGP 17.65 for selling at Egypt’s two largest state-run banks
12 February 03:17 PM EGP stabilises against USD Tuesday
Cairo – Mubasher: The Egyptian pound exchange rate remained stable against the US dollar at state-run banks on Tuesday, while it slashed by 2 piasters at Commercial International Bank (CIB). The USD rate remained stable at EGP 17.55 for buying and …
Currencies
The EGP has been also stable against the USD at both of Credit Agricole and ADIB
11 February 04:31 PM EGP mixed against USD Monday
By: Abdullah Bedeir Cairo – Mubasher: The Egyptian pound exchange rate slashed against the US dollar at some Egyptian banks on Monday, while it remained stable at state-run lenders. The USD rate remained stable at EGP 17.55 for buying and EGP …
Macroeconomics
The average interest rate on government treasury bills and bonds has been raised to 18.6% in this year’s estimates
11 February 11:20 AM Egypt raises average USD exchange rate in FY18/19 budget
Cairo – Mubasher: The Egyptian Ministry of Finance (MoF) has raised the average exchange rate of the US dollar to EGP 18 in its initial estimates of the state’s 2018/2019 budget, versus an earlier estimated average of around EGP 17.25. The average …
Bonds
EGP Jumps against USD Tuesday
5 February 02:37 PM EGP Jumps against USD Tuesday on IMF's 5th tranche disbursement
By: Eslam Fadl Cairo – Mubasher: The Egyptian pound rose against the US dollar at national banks on Tuesday by 2 piasters after Egypt received the fifth tranche worth $2 billion of the International Monetary Fund’s (IMF) $12 billion loan. By 1:00 …
Currencies
The USD has recorded around EGP 17.6 for buying and EGP 17.7 for selling at Egypt’s two largest state-run lenders
3 February 12:24 PM EGP stable against USD early Sunday
By: Abdallah Bedeir Cairo – Mubasher: The Egyptian pound has remained stable against the US dollar at national banks early Sunday. The USD has recorded around EGP 17.6 for buying and EGP 17.7 for selling at Egypt’s two largest state-run …
Banking and Finance
Foreign-currency bonds and sukuk sales in MENA stood at $84 billion in 2018
29 January 04:28 PM MENA likely to issue above $80bn debt notes in 2019 - Report
Mubasher: The Middle East and North Africa (MENA) region is expected to see as much as $80 billion in hard currency-denominated bonds and sukuk issues this year, according to a white paper co-authored by Emirates NBD Asset Management, KAMCO …
Currencies
EGP remained stable against USD at Egyptian banks early Tuesday
29 January 01:08 PM EGP stabilises against USD early Tuesday
By: Abdallah Bedeir Cairo – Mubasher: The Egyptian pound remained stable against the US dollar at the Egyptian banks early Tuesday after marking a two-day high since May 2018. National Bank of Egypt (NBE) offered the US dollar rate at EGP 17.58 …
Currencies
The USD/EGP exchange rate has been falling since the beginning of the week
29 January 10:18 AM Why did the EGP jump against the USD? - Analysis
By: Eslam Fadl Cairo – Mubasher: The Egyptian pound has risen against the US dollar on the back of investors’ interest in local sovereign debt instruments, the Egyptian Exchange (EGX), the increase in remittances from expatriate Egyptians, added …
Currencies
The Egyptian central bank has no intention to issue such note
28 January 04:17 PM CBE denies issuing EGP 500 note
Cairo – Mubasher: The Central Bank of Egypt (CBE) has denied issuing a note worth EGP 500. The picture of the claimed note posted on media is false, the CBE said on Monday. The Egyptian central bank has no intention to issue such note, the bank …
Macroeconomics
EGP mixed against FX currencies Monday
28 January 03:21 PM EGP mixed against FX currencies Monday
Cairo – Mubasher: The Egyptian pound showed a mixed performance on Monday against foreign currencies at national and private banks. Bank of Alexandria offered the highest US dollar rate at EGP 17.76 for buying and EGP 17.86 for selling, whereas …
Macroeconomics
ADIB offered the highest US dollar rate at EGP 17.91 for buying and EGP 17.96 for selling
23 January 03:42 PM EGP mixed against FX currencies Wednesday
Cairo – Mubasher: The performance of the Egyptian pound was mixed on Wednesday against foreign currencies at national and private banks. Abu Dhabi Islamic Bank Egypt (ADIB) offered the highest US dollar rate at EGP 17.91 for buying and EGP 17.96 …
Banking and Finance