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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The polymer banknotes are the latest series issued by the CBE, expanding its long-standing role in banknote issuance, a ...

Welcome to the Egyptian Pound exchange rate & live currency converter page ... top 5 best UK travel money rates, historical exchange rates and historical charts.

“Floating the currency” is a phrase used by many but understood by few. Essentially, it means the government is no longer controlling the value of the Egyptian pound compared to other currencies.

Egypt's central bank floated the pound on Thursday in an attempt to stabilize its economy, which has been hampered by a shortage of dollars. The currency was initially devalued by 32.3% to about ...

Amid global market volatility and mounting domestic economic pressures, the Egyptian pound (EGP) is undergoing one of its most sensitive phases since the 2016 currency floatation.

Egypt had been using foreign assets, which include those assets at both the central bank and commercial banks, to help to prop up its currency since as long ago as September 2021. Net foreign ...

The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through ...

Egypt's annual urban consumer price inflation accelerated to 13.6% in March from 12.8% in February, higher than analysts had expected, data from the state statistics agency CAPMAS showed on Thursday.