Egyptian pound « | Kippreport.com

Egyptian pound at seven year low ahead of vote result

Egypt's currency takes a beating, as citizens await the result of the crucial presidential elections.

June 24, 2012 4:25

Egypt pound seen under pressure to weaken

Weaker pound would quickly spur export industries; Cenbank support of currency seen draining reserves; Steady pound needed stability, other analysts argue

May 5, 2011 2:35

Egypt growth may halve, budget gap, inflation to rise

Loose fiscal policy, weak currency to fuel inflation; Central bank to intervene, aggressive rate hike an option; Investment outflows of up to $1 bln a day; Key tourism revenues take "big hit".

February 10, 2011 1:04

Analysts, economists comment on Egypt market

How will Egypt’s economy and markets cope with the country’s ongoing social and political unrest? Reuters has the latest views from the regional experts.

February 7, 2011 2:29

Egyptian pound weakens slightly in early trade

The pound traded at 5.942 to the dollar on Monday, down from 5.93 at Sunday's close.

February 7, 2011 12:10

Egypt has limited war chest to avert finance crisis

Money outflows, blow to tourism will drain reserves; Several weeks of unrest would have significant impact; Weaker pound would boost inflation which fuelled riots; Concern about stability when banks reopen.

January 31, 2011 12:44