CAIRO — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit ...

(Bloomberg) -- Egypt’s central bank will likely wait out a pick up in inflation and put off interest-rate hikes until it builds its foreign-currency buffers enough to manage another currency ...

Egypt's annual inflation surged to a new high in January as the country continues to battle ongoing price hikes and a depreciating currency, the Egyptian statistics bureau said on Thursday. The ...

CAIRO (AP) — Egypt’s Central Bank said it raised interest rates on Thursday as the embattled Middle Eastern country continues to battle surging inflation and a depreciating currency. In an online ...

Egypt’s finance minister announced on Wednesday that the exchange rate of the customs dollar will remain at EGP 16.5 against the dollar – the same rate as April – during the month of June, effective ...

Egypt is drafting its next budget on the basis of an exchange rate of 8.25 Egyptian pounds to the dollar, weaker than the central bank's official rate, two government sources said on Monday, ...

CAIRO, March 28 (Reuters) - The Egyptian pound lost ground on the black market again in recent days in a sign that halving its official value over the past year could still not be enough and the ...