The US dollar fell against the Egyptian pound on Tuesday, according to exchange rates published by the National Bank of Egypt.The dollar was trading at 53.10 Egyptian pounds, down from 53.50 pounds in ...

Add Yahoo as a preferred source to see more of our stories on Google. CAIRO (AP) — The Egyptian pound tumbled on Wednesday in its largest single-day slide since the cash-strapped government agreed to ...

Fitch highlighted that the Egyptian pound has weakened by around 10% against the US dollar since late February ...

CAIRO (AP) — The Egyptian pound dipped to a new low Monday of just over 30 for $1, as the cash-strapped North African country continues to battle surging inflation and foreign currency shortages, ...

CAIRO/DUBAI (Reuters) -Egypt secured on Wednesday an expanded $8 billion deal with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis ...

CAIRO — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit ...

The central bank announced a cut-off price of 7.0950 pounds to the dollar at the auction, weaker than at the last central bank foreign exchange sale held on Monday, when the cut-off price was 7.0451.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

March 7 (Reuters) - Egypt's pound held steady on Thursday, a day after the central bank let the currency plunge and announced a shift to a more flexible exchange rate system as Cairo secured an ...