After a prolonged period of currency fluctuations and fiscal challenges, Egypt’s economy is beginning to show tentative signs of stabilization—led…
Browsing: dollar
The Egyptian pound is significantly undervalued against the US dollar, according to the latest figures from The Economist’s Big Mac…
Nearly six months into U.S. President Donald Trump’s second term (2025 to 2028), the dollar’s status as the global currency…
Egypt’s remittance inflows surged 72.4% year-on-year to $32.6 billion between March 2024 and February 2025, according to the Central Bank…
Egypt is grappling with a severe shortage of US dollars, prompting the government to devise a plan to attract $191…
Egypt’s efforts to combat its nearly year-and-a-half US dollar shortage through the issuance of US dollar-denominated certificates of deposit (CDs)…
For many, the dollar is the de facto global currency. Based on IMF data, it accounted for 59% of central…
With imports accounting for 70 percent of Egypt’s trade, the country relies on dollars. Those greenbacks are increasingly being borrowed…