ancient paint—but not just any paint. Known as “Egyptian Blue,” it’s among the oldest synthetic pigments in the world, with the newly found ingot weighing more than five pounds.
Essentially, it means the government is no longer controlling the value of the Egyptian pound compared to other currencies. For decades, it had been pegged to the US dollar, which meant that its ...
The US dollar exchange rate against the Egyptian pound remained stable on Friday, across 17 local banks, holding at the levels recorded on Thursday morning. This comes after the Egyptian pound ...
The Egyptian pound plummeted to an eight year low against the US dollar on Sunday afternoon, following a currency auction in which the Central Bank sold $75 million to local banks. The dollar is ...
The decline of the Egyptian pound against the US dollar by 6 per cent in recent weeks, say experts, is unlikely to benefit the national economy. Economists say that Egypt should worry about its ...
The value of the Egyptian pound crashed on Wednesday after the country ... “The announced measures have been adopted as part of a set of comprehensive economic reforms in coordination with ...