US Dollar Surpasses EGP 55 for First Time Against Egyptian Pound
The US dollar surpassed EGP 55 against the Egyptian pound for the first time on Thursday, 22 October, with selling rates reaching EGP 55.37 at Egyptian banks by the close of busine...
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The US dollar surpassed EGP 55 against the Egyptian pound for the first time on Thursday, 22 October, with selling rates reaching EGP 55.37 at Egyptian banks by the close of busine...
Remittances from Egyptians working abroad rose 28.1 percent year-on-year to around USD 29.7 billion (EGP 1.54 trillion) during the first seven months of 2026, up from approximately...
Standing outside a bakery in Cairo's working-class El-Marg district, Eman Abdel Fattah thumbed a handful of crumpled banknotes, calculating how much bread she could afford after he...
Stronger reserves and dollar liquidity helped Egypt absorb the latest regional shock without a repeat of previous currency stress, but the I...
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