Regional geopolitical tensions are putting short-term pressure on the Egyptian pound and inflation outlook, with economists saying Egypt’s strong foreign reserves, flexible exchange-rate policy, and ...

The Egyptian pound has continued to recover, strengthening closer to EGP 52 against the US dollar on Monday’s close of ...

Egypt is poised to cut interest rates again, buoyed by slowing inflation and the prospect of easing by the US Federal Reserve next month. A stronger Egyptian pound has also given the central bank ...

Egypt's annual inflation rate slowed slightly to 14.9% in April from 15.2% in March, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

CAIRO, Aug 7 (Reuters) - Inflation is expected to have declined for a fifth month in July, despite higher higher food, tobacco and fuel prices, as IMF efforts to control monetary policy have started ...

Egypt’s pound slid about 14.5 percent to a record low against the United States dollar after authorities announced a $3bn International Monetary Fund (IMF) deal with a commitment to a “durably ...

Egyptian inflation slowed for a fourth month, as a stronger local currency helped ease price pressures in the import-reliant nation. Consumer costs in urban areas grew an annual 11.7% in September ...

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