Egyptian Pound (EGP)

QUOTE AND NEWS
Reuters  Mar 10  Comment 
Egypt's shares rose slightly on Monday after a deal between the country's army and a Dubai builder for an affordable housing project worth 280 billion Egyptian pounds...
Reuters  Dec 15  Comment 
Egypt will pay $300 million of the money it owes to foreign oil companies in Egyptian pounds, a Finance Ministry statement said, as part of a $1.5-billion repayment scheme designed to revive confidence in its economy battered by years of turmoil.
Reuters  Jul 4  Comment 
The Egyptian pound edged stronger at a central bank foreign exchange auction on Thursday, a day after the military ousted the country's president, a banker said.
New York Times  Apr 3  Comment 
A steep devaluation in the Egyptian pound, and the lack of hard currency, makes it harder to import expensive drugs because the law requires them to be resold at a fixed price.
Reuters  Feb 10  Comment 
A run on Egypt's pound has left foreign currency in short supply and driven some dealers into the streets in search of people with U.S. dollars to sell, spawning a new black market.




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The chart at left shows the USD/EGP Currency Pair; the number of Egyptian Pounds equivalent to 1 U.S. Dollar (USD).

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