Currency USD Exchange Rate 9.71 Unemployment Rate 13.1% Population below poverty line 25.2% Inflation Rate 12.1% Prime Lending Rate 9.75% GDP $342.8 billion GDP Pro Capita (PPP) $12,100 Currency Name Egyptian Pound Currency Code EGP World Bank Classification Lower Middle Income Competitive Industrial...
CurrencyEgyptian pound/EGP/E£ The landed cost for a cross-border transaction includes all duties, taxes, and fees associated with the purchase. This includes: Product price Shipping Duties Taxes Fees (currency conversion, carrier, broker, customs, or government fees) ...
The Egypt Freight and Logistics Market is expected to reach USD 10.64 billion in 2024 and grow at a CAGR of 5.21% to reach USD 14.43 billion by 2030. CMA CGM Group, Damietta Container & Cargo Handling Co. (DCHC), DB Schenker, Kuehne + Nagel and LATT Trad
In January 2003, the government announced the abandonment of the exchange rate peg. As the exchange rate was still far from its market-clearing equilibrium, expectations resulted in an immediate fall in the value of the Egyptian pound. The establishment of a foreign exchange interbank market i...
plus the return of foreign appetite for Egyptian pound-denominated Treasury bills and bonds. Egypt’s appeal to investors reflects three factors. First is a good economic policy record and IMF-anchored reforms over the past few years. Second are signs of resilience during this crisis...