The Egyptian pound fell on Sunday to its lowest level on record, dropping for the first time below 52 pounds to the US dollar ...

The post Egyptian pound hits record low as Mideast war roils markets appeared first on The Times of Israel.

Egyptian assets have been among the Middle East’s worst hit by the Iran war, a major stress test for grueling International Monetary Fund-backed reforms meant to protect against future crises.

This comes as the Central Bank of Egypt (CBE) allowed the currency to absorb external shocks rather than burn through reserves ...

Egypt's finance minister Ahmed Kouchouk said the sovereign is eyeing a return to the Panda and Samurai markets in the current fiscal year to access scale and cost-effective financing as part of a ...

The government’s latest reform drive has been bolstered by an expanded IMF programme, which has provided a stamp of credibility as much as a financial backstop. “It served as a vital vote of ...