CAIRO, March 6 (Reuters) - Egypt's central bank said it sold 3 billion Egyptian pounds ($1.1 billion) in domestic treasury bills on Sunday and that average yields had risen. The average yield on 3 ...

The Egyptian pound value of one-year T-bills sold on Thursday was significantly higher than at weekly auctions since the start of the year, when the average yield had been between 26.607% and 29.913%.

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.

On Thursday, the pound held stable at just above 49 to the dollar, LSEG data showed. JPMorgan also predicts Egypt's inflation will jump by 4% month-on-month in February, but expected it to slow ...

Average yields at an auction of 5.5 billion Egyptian pounds in domestic treasury bills rose on Sunday, and not all the bills initially offered were sold, the central bank said.

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.

Egypt secured an additional $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.The Central Bank ...

On the non-deliverable forwards market, the Egyptian pound’s 12-month contract has strengthened more than 17% since the Ras El-Hekma deal was announced, signaling expectations of a smaller ...

Egypt’s pound has weakened more than 6% against the US dollar on the black market over the past week as traders bet on another devaluation amid mounting pressure on the North African nation’s ...