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Shares of Egyptian retail finance provider Valu began trading for the first time on the Egyptian Exchange on Monday. Valu’s parent, investment bank and financial company EFG Holding, this month ...
Instability, including drone attacks on Port Sudan, saw the Sudanese Pound fall sharply against international currencies in May. The drone attacks, which occurred daily, targeted military and civilian ...
Detailed price information for Egyptian Pound/Pakistan Rupee (EGPPKR) from The Globe and Mail including charting and trades.
Lately, headlines have stoked fears the U.S. dollar is being dethroned as the world’s reserve currency, driven largely by ...
Egypt transfers 174 sq km of strategic area for Islamic bond issuances, sparking concerns over state asset sell-offs and ...
Egypt’s pound, which breached the ... The currency fell to 50.8 on the offshore market on Thursday, ... It’s a sign of greater flexibility for the pound, ...
It’s a sign of greater flexibility for the pound, ... The Egyptian pound (EGP), which breached the milestone of 50 per dollar to hit a record low this week, may rebound in early 2025 as a series of ...
CAIRO (Reuters) -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 ...
Since early 2022, when the foreign currency shortage worsened, the pound has now lost more than two-thirds of its value against the dollar in a series of staggered devaluations.
The pound plunged about 26.5% to a record low of 42 per dollar. ... Egypt devalued its currency for the fourth time since early 2022, ... Sign up for the Daily Briefing.
Egyptians walk past an exchange office in Cairo, Egypt, Wednesday, March 6, 2024. The Egyptian pound slipped sharply against the dollar on Wednesday after the Central Bank of Egypt raised its main ...