Egypt's central bank told commercial banks on Tuesday to restrict customers from using credit cards for transactions in foreign currencies both domestically and abroad, the second time in a week ...

The Egyptian pound has changed its pegging to numerous standards, starting with the gold standard from 1885 to 1914, to the British pound from 1914 to 1962, and to the US dollar from 1962 to 1989 ...

Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit by a ...

George Soros famously earned $1 billion betting against the British pound in the early 1990s, predicting that the English central bank would devalue its money compared to other European currencies ...

CAIRO, Oct 10 (Reuters) - Egyptian banks have tightened limits on foreign currency withdrawals from local currency accounts as they seek to conserve scarce dollars. Though no industry-wide rules ...

Egypt has decided to float its currency and has agreed with the International Monetary Fund (IMF) to increase its bailout loan to $8 billion (£6.8 billion). This move is aimed at strengthening an ...

Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country’s statistics bureau said Tuesday. The state-run Central ...

The Central Bank of Egypt (CBE) is set to issue new EGP 20 plastic banknotes, ... the EGP 20 note ranked fourth among the most circulated currencies, following the EGP 200, EGP 100, ...

CAIRO — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an ...

Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit by a ...

Egypt has floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan to $8 billion. Skip to main content. Open Main Menu Navigation.

Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit by a ...