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Category EGP

Egyptian Pound Gains Strength Against US Dollar

Egyptian Pound Gains Strength Against US Dollar

Among the calls for de-dollarization catching pace, new rival currencies are coming up, diversifying their use cases. With…
BRICS: US Dollar Rises 50% In Egypt’s Foreign Exchange Black Market

BRICS: US Dollar Rises 50% In Egypt’s Foreign Exchange Black Market

The conflict in the Middle East between Israel and Palestine is proving to be expensive for new BRICS…
Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country

Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country

According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate...