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EGP dips below the EGP 51 mark in trading against the greenback as Israel-Iran conflict escalates
“The exchange rate is the government’s top concern,” a banking source told EnterpriseAM
EGP posts gains against the USD
Good morning, all. We kick off the workweek with a busy issue, led by the news that we have another…
Auto prices drop 15% amid high inventory, sluggish demand
Slower demand and a rush to sell last year’s models are driving car prices down
The EGP dipped slightly against the USD yesterday. Will late-night Trump tariff relief bring foreign investors back?
The EGP touched to a new post-float low
…or how I learned to stop worrying and love FX volatility
The average yield on interest rates — among the highest globally — has been the main factor attracting investors quickly…
EGP slips further against the greenback as foreign investors continue to exit amid tariff uncertainty
Interbank market transactions since trading began on Sunday are estimated to have reached a total of USD 1.5 bn
EGP drops to its lowest level since March float after tariffs spark foreign investor exit
While the EGP fell against the USD, many other global currencies gained on the greenback
EGP falls to lowest level since March 2024 float
Good afternoon, friends. The first workday following the introduction of Trump tariffs is proving eventful as local and regional markets…
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