The price of the dollar today, Thursday 18 January 2024, in banks and on the black market

The price of the dollar today, Thursday 18 January 2024, in banks and on the black market

The price of the US dollar against the Egyptian pound has seen notable stability at the start of trading today, Thursday, January 18, 2024, according to the latest updates on screens showing Egyptian banks’ exchange rates. The price of the dollar now in Egypt “The Week” presents its visitors and followers with everything related to … Read more

“Bring the Pound Down”… Expectations of a sharp rise in interest rates at an upcoming coffee meeting

“Bring the Pound Down”… Expectations of a sharp rise in interest rates at an upcoming coffee meeting

5.09pm Wednesday 10 January 2024 Written by Manal Al-Masry: Bankers and analysts Masrawy spoke with expected the Central Bank to raise interest rates by 2% and 5% at both its extraordinary and regular meetings of the Monetary Policy Committee next February, coinciding with the return to a flexible exchange rate. monetary policy, i.e. lowering the … Read more

Central Bank: Foreign reserves increased to $35.219 billion at the end of December

Central Bank: Foreign reserves increased to .219 billion at the end of December

Ahmed Yaqoub wrote on Thursday, January 4, 2024, 6:52 pm The Central Bank of Egypt said on Thursday that net foreign reserves rose to $35.219 billion at the end of December 2023, compared to $35.173 billion at the end of November 2023, an increase of $46 million. Egypt imports on average the equivalent of 7 … Read more