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...
1 EGP-Egypt [Egyptian pound]=0.02 USD-United States [US dollar / $] Clickable world map with associated currency for each country : Put your mouse over a country to see its name, flag and currency, click on it to see details of the currency ...
A hedge fund manager who shot to infamy for crashing the British pound in 1992, Soros is among the wealthiest men on earth, with an estimated net worth of around $7 billion. That’s on top of the $32 billion he’s donated to a web of NGOs, charities and political campaigns through ...
The currency denomination is the Egyptian pound (marked L.E.), which comprises 100 piasters (marked PT). The dollar fluctuated around LE 6.14 in early 2004. Egyptian pounds and U.S. dollars may be purchased from the Embassy’s bank with foreign currencies or checks. You do not need to...
Currency: Egyptian Pound (EGP; 1 USD is roughly 16 Pound) Time zone: EET (UTC+2) Driving: On the right Electricity: 220 Volts at 50 Hz; Europlug (Type C and F; Americans need an adapter) Major Airports: Cairo, Aswan, Hurghada, Luxor, Alexandria, Sharm el Sheik ...
slightly up from 32.67% in the previous year and 10.49% two years ago,based on figures from CAPMAS. This was far above the central bank's target range of 5% to 9%, mainly due to a weaker Egyptian pound after a series of devaluations in recent years. Likewise, the core inflation remain...
the nominal exchange rate began to appreciate in December 2004 and stabilized at around EGP 5.7/US$1 until June 2006. Strong capital inflows subsequently helped to further boost the pound against the US dollar. The appreciation trend was mild at first but increasingly strengthened, reflecting increa...