The dollar rises once more, reaching LE63 in Egypt’s parallel market ...Egypt

EGYPT INDEPENDENT - Economy
The dollar rises once more, reaching LE63 in Egypt’s parallel market
source : EGYPT INDEPENDENT ( Egypt ) () 56
The dollar price in the parallel market rose again during Wednesday’s trading to record LE63, according to the “Investing” platform, compared to LE60 recorded on Tuesday’s trading after a record decline in the past few days. Experts believe that there are several reasons that led the dollar to these losses in the parallel market – which may also push for further declines in the coming days. The first of these is the collapse of demand from importers due to the unprecedented increases in exchange rates of the dollar. In addition, the Central Bank of Egypt  raised interest rates by 200 bps to curb inflation, while the authorities have expanded its crackdown on major currency traders of the bla

Hence then, the article about the dollar rises once more reaching le63 in egypt s parallel market was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The dollar rises once more, reaching LE63 in Egypt’s parallel market )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
British economy shrinks 0.1 % in April
SABA NET - before 6 hours & 34 minute
Anthropic pulls access to its most advanced AI models
Russia Today - before 2 hours & 49 minute
To Go Fast and Far: Why Africa's Businesses Are Rebuilding Technology in 2026
PR Newswire - before 2 hours & 37 minute
Planning minister: Investing in human capital key to enhancing gov’t performance
EGYPT INDEPENDENT - before hour & 5 minute
Namibia: SA Xenophobia Disrupts 'Order With Me' ... Traders Will Meet PM Tomorrow
allafrica - before 3 hours & 9 minute
A German Court Has Ruled That Google Is Liable for False Statements Generated by AI Overviews
WIRED - before hour & 39 minute
Congress is struggling to do its most important job: Spend Americans’ money
Washington Post - before 34 minute


Latest News

Congress is struggling to do its most important job: Spend Americans’ money

before 34 minute

Planning minister: Investing in human capital key to enhancing gov’t performance

before hour & 5 minute

A German Court Has Ruled That Google Is Liable for False Statements Generated by AI Overviews

before hour & 39 minute

To Go Fast and Far: Why Africa's Businesses Are Rebuilding Technology in 2026

before 2 hours & 37 minute

Anthropic pulls access to its most advanced AI models

before 2 hours & 49 minute

Namibia: SA Xenophobia Disrupts 'Order With Me' ... Traders Will Meet PM Tomorrow

before 3 hours & 9 minute

British economy shrinks 0.1 % in April

before 6 hours & 34 minute

Anthropic Says It’s Taking Claude Fable 5 Offline to Comply With US Government Order

before 8 hours & 3 minute

Meta Employees Absolutely Hate Zuckerberg’s Plan for a Companywide AI Hackathon

before 10 hours & 51 minute

The Oil Market Could Be Weeks From a Breaking Point

before 11 hour & 40 minute

Whirlpool Announces Cash Tender Offer Early Results

before 12 hour & minute

Luxel Corporation Appoints KOS, Inc. as Exclusive Distributor in South Korea

before 12 hour & 26 minute

China's Fusion Reactor on Track for Ignition by 2027, Threatening U.S. Lead

before 12 hour & 36 minute

‘Tell Him He’s a Piece of Shit’: Meta’s New AI Unit Is a Total Mess

before 13 hour & 19 minute

Federal Signal Provides Update on Streator, Illinois Facility; Announces Signing of Definitive Agreement to Acquire Western Technology, Expanding its Presence in Portable Industrial Signaling Solutions for Hazardous Environments

before 13 hour & 31 minute