Major Egyptian banks have raised the foreign currency withdrawal limit for travellers to $10,000 or its equivalent in other currencies, according to notifications sent to customers on Tuesday.

Object Details Credit Line Central Bank of Egypt date made ca 1978 ID Number NU.79.28.03 accession number 1979.0638 catalog number 79.28.03 serial number 0371 Object Name note Physical Description ...

Egypt secured an extra $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates and allowed the pound to plunge by nearly 40 percent.

Egyptian officials said they expected more inflows and the pound held steady on Thursday, a day after the central bank announced a shift to a more flexible exchange rate and let the currency ...

The pound is trading at about 49.8 against the US currency, its weakest since Egypt let it plunge nearly 40% in a bid to attract foreign funding and stem a two-year economic crisis.

A customer counts Egyptian pound banknotes at a market in Cairo. Photographer: Islam Safwat/Bloomberg By Mirette Magdy and Kerim Karakaya February 26, 2024 at 7:09 AM PST Updated on ...

Cairo • The Egyptian pound has dropped to record lows on the black market in the past week, hovering between 9 and 9.25 per dollar, as importers struggle to find dollars for their operations and ...

Egypt’s pound plunges after currency float, interest rate rise By Louis Goss Published: March 6, 2024, 8:03 a.m. ET Share ...

Officials say a new law will rebalance a housing market long distorted by rigid rent controls, but many residents could be ...

Egypt's total budget deficit fell to 505 billion Egyptian pounds ($10.5 billion) in fiscal 2023/24 that ended on June 30, compared with 610 billion pounds a year earlier, finance minister Ahmed ...

Egypt’s pound has slipped to its lowest level since a devaluation in March, amid a broad sell-off in emerging markets and increased local demand for dollars. The pound is trading at about 49.8 ...