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- Egypt's consumer inflation inches up to 8.2 pct in May
CAIRO (Reuters) - Egyptian urban consumer inflation edged up to 8.2 percent in the year to May, the state statistics agency CAPMAS said on Monday, pushed up by food prices and a weaker currency. Annual inflation in April was 8.1 percent. The cost of imports has risen in recent months because of a weakening Egyptian pound, which has lost more than 11 percent of its value against the dollar since ...
June 10, 2013 - Reuters via Yahoo! News - Egypt central bank accepts bids for $39.8 mln at forex auction
CAIRO (Reuters) - Egypt's central bank sold $39.8 million to banks in a foreign exchange auction on Thursday, with the cut-off price edging up to 6.9790 Egyptian pounds to the dollar. The cut-off price at Wednesday's auction was 6.9774 pounds. The central bank has slowed the speed of the pound's fall over the last three weeks, and currency dealers say it seems reluctant to allow it to weaken ...
June 6, 2013 - Reuters via Yahoo! News - Egypt c.bank accepts bids for $38.5 mln at forex auction
CAIRO (Reuters) - Egypt's central bank sold $38.5 million to banks in a foreign exchange auction on Wednesday, with the cut-off price edging weaker to 6.9774 Egyptian pounds to the dollar. The cut-off price at Monday's auction was 6.9753 pounds. The central bank has slowed the speed of the pound's fall over the last two weeks, and currency dealers say it seems reluctant to allow it to weaken ...
June 5, 2013 - Reuters via Yahoo! News