Egyptian pound

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  • noun

Synonyms for Egyptian pound

the basic unit of money in Egypt

References in periodicals archive ?
Under the MoU, an additional investment of 4 billion Egyptian pounds is allocated for the development of four neighbourhood centres in the new residential cities in Cairo as well as the development of four new shopping malls in greater Cairo.
Souad Jamalawi, an Egyptian Umrah pilgrim, told Arab News that the cost of Umrah trip with a 4-star hotel booking was estimated at 3,000 Egyptian pounds in 2010.
I want to revive the note of Egyptian Pound after it was replaced by a metal coin in 2005 and started to fall into disuse from 2012," he regretted.
CBE allowed the decline of the Egyptian pound price against the dollar to the level of 7.
The Egyptian pound was unchanged at a central bank dollar sale on Thursday from the rate in a sale a day earlier, and it was also stable on the black market.
Summary: Cairo: The Egyptian pound fell to a new record low against the US dollar yesterday, .
The value of the Egyptian pound took a beating after the central bank purchased dollars.
The central bank has supported liquidity in the banking system by raising its benchmark Egyptian pound deposit rate, and yields on short-term debt edged lower at recent auctions.
Over the short term we expect the Egyptian pound to fall by 20 percent, which would require the Central Bank to intervene on several occasions," he wrote.
The Central Bank of Egypt (CBE) reduced the value of the Egyptian pound by 10 piasters, following the reduction last Thursday with the same value.
Some Egyptian traders have offered rice to GASC for as little as 1 Egyptian pound per tonne, a tiny fraction of the export price, in a bid to secure export licences .
Egypt needs to generate foreign currency revenues to rebuild its foreign exchange reserves, and improve the value of the Egyptian pound against foreign currencies once again, according to Hassanein.
Summary: CAIRO - The Egyptian pound slid to a fresh record and debt insurance costs surged on Wednesday despite new central bank rules aimed at slowing the currency's fall and the depletion of its foreign exchange reserves.
The Egyptian pound, subject to a managed float, gained 0.
The drop came amid the political unrest, which prompted the capital outflow and pressure on the Egyptian pound.
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