Egypt's central bank has announced that it will allow the exchange rate to be determined by market forces, causing the Egyptian pound to lose more than a third of its value within minutes. This decision comes after a year of a stabilized official exchange rate. The move is aimed at ...
CurrencyEgyptian pound Official LanguageArabic GDP, Billion USD2,71,973 GDP Growth Rate, %2.2 Inflation, Avg CP, %8.75 Interest Rates, % Unemployement Rate, %12.98 Exchange Rate, 1 USD Equals7.62 International dial code+20 Time ZONEGMT+02:00 ...
In June and July, the Egyptian pound ranged between 47 and 48 to the dollar after it floated in March and lost around 60% of its value, down as low as around 30 to the dollar. The new exchange rates come a week after the International Monetary Fund (IMF) completed its third financial...
Latest exchange rates : on 30 December 2024 05:30 CEST 1 USD-United States [US dollar / $]=50.86 EGP-Egypt [Egyptian pound] 1 EGP-Egypt [Egyptian pound]=0.02 USD-United States [US dollar / $] Clickable world map with associated currency for each country : ...
He said that the current "mania" for buying gold in Egypt, especially gold bars and coins, is mainly due to the rising dollar's exchange rate against the Egyptian pound. The gold purchase price of 24-carat gold hit 3,211 Egyptian pounds (about 103 U.S. dollars) per gram as of Tuesda...
largely in response to fears around the impact of events in Ukraine. TheCentral Bank of Egypt(CBE) adjusted the official exchange rate to EGP18.27 per US dollar, from EGP15.7 which had been the set trading rate since November 2020. The devaluation was not unexpected, theInternational Monetary ...
This photo taken on March 6, 2024 shows U.S. dollar and Egyptian pound notes in Cairo, Egypt. The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensur...
Egyptian Pound Exchange Rate Arabic POL: All Chinese ports (ShenZhen/ShangHai...) POL: All Chinese ports (ShenZhen/ShangHai...) POL: All Chinese ports (ShenZhen/ShangHai...) Acapture شركة أرو إليكترونكس تعتزم تقديم...
Egypt_why完美版 COUNTRYSTATISTICS Area:384,300sq.miles(995,500sq.km)Population:62,930,000 Currency:1Egyptianpound=100piastresCapital:Cairo ExchangeRate:3.323=US$1Languages:Arabic MainCities:Alexandria,Ismailia,PortSaidNumberofPigs:27,000 Religions:SunniMuslims TotalGDP:US$125,800,000,000 Imports:...
The Egyptian pound (EGP) replaced the Egyptian piastre in 1834. The new currency issue had a fixed ratebimetallicstandard of gold and silver. The piastre continued to circulate as a 100th portion of the pound, in essence becoming a one-cent coin. In 1916, the coin was divided again and ...