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Egypt faces crisis with a devalued currency
 
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http://www.euronews.com/ Egypt is facing a major credit crisis as its banks hold a national currency which is fast losing its value on international exchange markets. Since the ousting of the old regime, violent protests, a soaring budget deficit and a starved tourist industry have resulted in a seeping away of confidence in the Egyptian pound. And it is not only a problem of paying for imports - the Egyptian people are engaged in a daily battle to pay for the basic materials to live with a currency nobody wants. An owner of a currency exchange centre said: "Traders import from abroad and this increases the demand for the dollar, importers resort to collecting the dollar from the markets and this reduces the rate of the Egyptian currency." The government is grappling with the situation. It is seeking favourable easy payment terms for imports, hoping for an IMF loan and trying to stabilise the currency by restricting bank held foreign reserves. But it's an up hill struggle. One local trader complained that bankers say they have no dollars, but they do have them. "We would still buy them even of the dollar was worth ten pounds, because we don't know the fate of the Egyptian pound," he said. Reporting for euronews in Cairo, Mohammed Shaikhibrahim said: "Restoring confidence in the Egyptian national currency it closely dependent upon political stability, security, and the government's package of reform measures. They include such things a market surveillance and import controls all so that the Egyptian pound can eventually recover." . Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Views: 3564 euronews (in English)
Episode #5 - EGYPT - Egyptian Pound and Piastres Bank Notes
 
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Today on World Currency Collector we take a trip to the Horn of Africa with our examples from Egypt. We'll learn about the Great Pyramids of Giza, the Great Sphinx, the Saladin Citadel of Cairo, Tutankhamun, the Sayyida Aisha mosque, the Al-Azhar mosque, Ramesses the Great, Sultan Al-Ashraf Sayf ad-Din Qa'it Bay, and the Nubian Monuments. Here are some websites that provide more information about the Egyptian Arabic translations for these notes: http://en.numista.com/forum/topic32281.html http://www.donckelly.com/world/egypt.html http://englishtoislam.net/details-172.html#.WBrEyPkrKUk
Egypt's gov't adopts more flexible exchange rate after devaluation
 
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Egypt's central bank has devalued the pound and said it would move to a more flexible exchange rate policy to ease foreign exchange shortage. The Egyptian currency will now trade at 8.85 to the dollar, down from a previous 7.73. The central bank also pumped nearly $200 million into the dollar-starved banking system in a surprise sale. With tens of millions living in poverty, the central bank had been reluctant to devalue for fear of sparking inflation. Economists said the move would encourage foreign investment in Egyptian stocks and treasuries, which have seen an exodus of foreign money in recent years.
Views: 322 CGTN Africa
Egypt to fix exchange rate to help importers with pricing
 
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Egypt has announced it will fix its customs dollar-exchange rate to help importers cope with pricing of their products. That's after the central bank floated the Egyptian pound in November.
Views: 133 CGTN Africa
Al Baraka Bank issues attractive interest rates in exchange for dollars in Egypt
 
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Egypt is suffering a shortage of dollars. Forex reserves have dwindled to a low of 16.5 billion dollars covering just about three months of import needs. The Egyptian pound has been losing value throughout the year to the apparent delight of black market dealers.
Views: 433 CGTN Africa
Egypt Central Bank allows demand and supply to determine currency value
 
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Egypt's central bank has announced the devaluation of the Egyptian pound. The official value of the pound dropped by 48%, from 8.89 to the dollar to 13.5. An exceptional 100 million dollar tender was issued at the new price. The devaluation was a key condition of the IMF for a loan of 12.5 billion dollars over three years. Yasser Hakim with the story.
Views: 814 CGTN Africa
Egypt - Money Exchange Machines
 
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Egypt Hurghada Egyptian pound (LE)
Views: 590 aljoin
Definition of exchange rate
 
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Definition of exchange rate #exchange #rate exchange rate XE - The World's Trusted Currency Authority X-Rates: Exchange Rates Currency Converter | Foreign Exchange Rates | OANDA Live Exchange Rates | OANDA Exchange Rates BOC EXCHANGE RATE(new) Exchange rate - Wikipedia Exchange Rates - Bank of Canada Foreign Currency Exchange Rates | Scotiabank currency exchange google exchange rate today exchange mail exchange rate indian rupees to saudi riyal indian rupee exchange rate currency exchange live live currency converter محول العملات جوجل Exchange rates graphs - NZD USD | ANZ Exchange Rates - Visa Europe Exchange Rate Definition | Investopedia Exchange Rates Foreign Currency T/T Exchange Rates - Hang Seng Bank ... Exchange Rate Alerts | Rate Notifications by TransferWise Foreign Exchange Rates | BMO Bank of Montreal Exchange Rates - Banque Misr Bank of Israel - Exchange Rates Central Bank of Sri Lanka - Exchange Rates Exchange rates - BNZ Exchange Rates | Bank Negara Malaysia | Central Bank of ... Exchange Rate Notifications - Central Board of Excise and ... abokiFX | Your daily Naira exchange rate Foreign exchange rates | Australian Taxation Office Foreign exchange rates | International & Migrant - Westpac ... Euro exchange rates USD - European Central Bank - Europa Currency Converter | Get Live Currency Exchange Rates | ... Foreign Exchange Rates New Zealand Customs Service : Customs rates of exchange Currency converter & exchange rate calculator | Travelex PACIFIC Exchange Rate Service FRB: H.10 Release--Foreign Exchange Rates--Country Data UN Operational Rates of Exchange - Rates Exchange Rates | RBA Treasury Reporting Rates of Exchange - Bureau of the ... Currency Exchange Rates - Investing.com USD to MXN Exchange Rate - Bloomberg Markets Exchange Rate Archives by Month - IMF T/T Exchange Rates against HKD | Investment | Bank of ...
Egypt Money and Currency Travel Vlog in Hindi - All about Egypt Money Exchange
 
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Get Rs 2200/- travel credit on your first trip with AirBnB. Book through this link https://www.airbnb.co.in/c/abhinashm1 Please SUBSCRIBE to the channel and hit the bell icon to get the latest updates. ====================================================== The Egyptian pound is the currency of Egypt. It is divided into 100 piastres, or ersh. The Egyptian pound is frequently abbreviated as LE or L.E., which stands for livre égyptienne (French for Egyptian pound). E£ and £E are commonly used on the internet. The name Genēh [ɡeˈneː(h)] is derived from the Guinea coin, which had almost the same value of 100 piastres at the end of the 19th century. ====================================================== I am quite active on social media. Let's catch up there. Website: https://www.theindiannomad.com Facebook Page: https://www.facebook.com/theindiannomad1 Instagram: https://www.instagram.com/the_indian_nomad1/ Twitter: https://twitter.com/TheIndianNomad1 ====================================================== Watch My Other Videos Bali Trip Videos: https://bit.ly/2GPft3U Malaysia Trip Videos: https://bit.ly/2T2UIIr Thailand Trip Videos: https://bit.ly/2GOHYPe World Currency Videos: https://bit.ly/2VpZdcW ====================================================== #egypt #egyptianpound #currencynotes #currency #pound # 1 egyptian pound to inr # 1 Egyptian Pound to Indian Currency # egypt pyramids # egypt currency name # egypt currency in indian rupees # egypt currency to india # egypt currency notes # egypt currency to inr # egypt currency in indian rupees today # egypt money value in india # egypt money currency
Views: 502 The Indian Nomad
Currency exchange in the ATM of Egypt.
 
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Обмен валюты в банкомате Египта.
Egypt's currency crash... and how it effects YOU
 
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http://nomadcapitalist.com/ The Egyptian pound recently fell by nearly 60% against the dollar, euro, and other major currencies. Visiting Egypt is now extremely cheap, but life in Egypt has become more difficult as a result. Andrew explains why you need a diverse financial plan to make sure that currency fluctuations and currency collapses don't effect your business or your wealth... even if you live far, far away from Egypt. ----- ABOUT NOMAD CAPITALIST Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom. Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports. He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump. As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve. Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle. About Andrew: http://www.nomadcapitalist.com/about/ Our website: http://www.nomadcapitalist.com Our blog: http://www.nomadcapitalist.com/blog/ Work with Andrew: http://www.holanomad.com/
Views: 3669 Nomad Capitalist
Egyptian Pound
 
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I went to Cairo earlier this year. I was impressed by some of the designs on their bank notes so kept hold of some. All but the 200 pound note.
Views: 467 sidkings
egypt currency
 
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egypt currency Watch my video egypt currency and learn about the Egypt's currency and how to convert Egyptian Pound (EGP) currency to Indian Rupee (INR) currency and American Dollar (USD) currency. Convert USD to EGP Currency: United States Dollar (USD), Country: United States of America, Region: North America, Currency: Egyptian Pound (EGP) Convert EGP to INR Currency: Egyptian Pound (EGP), Country: Egypt, Region: Africa, Currency: Indian Rupee (INR), Country: India, Region: Asia The Egyptian pound (Arabic: جنيه مصرى‎ Genēh Maṣri Egyptian Arabic pronunciation: [ɡeˈneː(h) ˈmɑsˤɾi] or in Alexandrian accent: Geni Maṣri [ˈɡeni ˈmɑsˤɾi]) (sign: E£ or ج.م; code: EGP) is the currency of Egypt. It is divided into 100 piastres, or ersh (قرش [ʔeɾʃ]; plural قروش [ʔʊˈɾuːʃ]; Turkish: Kuruş[2]), or 1,000 millimes (Arabic: مليم‎ [mælˈliːm]; French: Millime). egypt currency Contact: Christos Pittis website: www.christospittis.com https://www.udemy.com/u/christospittis/ twitter: https://twitter.com/CPITTIS facebook page: https://www.facebook.com/christoscpittis email: [email protected] https://www.udemy.com/u/christospittis/ YouTube: https://www.youtube.com/channel/UClqulZeiMIfgPv_LirylA0g/videos
Views: 3831 Entrepreneurship pdf
Egypt's government to lower customs exchange rate
 
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Egypt is set to lower its customs exchange rate. The new rate will be set for one month in what's the first such drop in four months. Egypt began setting a monthly fixed customs exchange rate in January following the flotation of its pound currency in November. It has since set the rate monthly. The customs exchange is set at a rate that is slightly lower than the official exchange rate. Last November, the CBE freely floated the pound from its fixed rate against the dollar as part of a set of economic reforms. Egypt's foreign reserves edged up to $28.641 billion at the end of April from $28.5 billion at the end of March. The country's foreign reserves have been climbing since Egypt secured a $12 billion three-year loan from the International Monetary Fund in November Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 189 CGTN Africa
oday currency rate //Open Market Currency Rates || Western Union Rates Today
 
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Welcome To Our channel . LIFE ENTERTAINMENT is a Great Indian Event Planner and Masters of different ceremonies, established years back and approved Corporate, OrganizationsForex / Foreign Rates in Pakistan - International Forex rates are according to the international market and all data taken from reliable sources for the conveniences of online users. The following table of international Forex rate shows live and updated forex rates and its converted value in Pakistani rupees. Pakbiz.com is one stop place to provide all foreign currency exchange rates such as; USD $ Dollar Rates, (€ -EUR) Euro Rates, (£-GBP) British Pound Rates, (AED) UAE Dirham Rates, (Riyal – SAR) Saudi Riyal Rates in Pakistan. International forex exchange rates are the exchange of one currency for another or the conversion of one currency into another currency. On this page, the conversion value of a currency shows each currency separately. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "Forex" and occasionally as “FX”. Forex Rates in Pakistan Today - Now You can find forex rates in Pakistan online 24/7 all the data showing here are taken from reliable and authentic sources for purpose of updates. Forex rates are the rates at which two currencies can be exchanged in the market. International forex exchange rates show how much of one unit of a currency can be exchanged for another currency. Currency exchange rates can be floating, in which case they change continually based on a multitude of factors. Substitute, the exchange rates of some foreign currencies are fixed, to other currencies, in which case they move in tandem with the currencies to which they are pegged. The International Forex exchange rates have significant values in current international economy. To know the value of your home / country currency in relation to different foreign currencies helps investors to analyze investments priced in foreign dollars. Find daily up to dates and fresh International Forex Exchange Rates of major currencies such as: US$ Dollar, Euro, and Pound Sterling. VERSEAS OUTLOOK FOR DOLLAR: In the firth Asian trade, the euro rose against the dollar on a glimmer of hope that Greece may avert a debt default after Athens offered new proposals to foreign creditors ahead of the emergency euro zone summit later in the day. The dollar was trading against the Indian rupee at Rs 63.51, the greenback was at 3.7230 versus the Malaysian ringgit and the US currency was at 6.209 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Monday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percent). In the second Asian trade, the euro fell on Tuesday as traders looked beyond an endless stream of headlines indicating progress in Greek debt talks while the dollar gained traction from solid US housing data. The dollar was trading against the Indian rupee at Rs 63.62, the greenback was at 3.7460 in terms of the Malaysian ringgit and the US currency was available at 6.208 against the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Tuesday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percent currency rates,euro rate in pakistan,euro rate today in pakistan,euro rates in pakistan,farren cranci rates today,pound rate in pakistan today,saudi riyal rates in pakistan,today currency rate in pakistan,uae dirham rates in pakistan,pakistan currency value,exchange rates,exchange rate,fixed exchange rate system,dollar,why dollar became world currency,why dollar is world reserve currency,rial rate,dollar rate,dollar rate today
Views: 120 life entertainment
Central Bank of Egypt declines to devalue pound as inflation soars
 
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Traders, bankers, and generally anyone who expected Egypt's Central Bank to devalue the country's currency have been sorely disappointed. The CBE has held its prior rate of 8-point-78 Egyptian Pounds to the dollar at Tuesday's forex auction, where it had a-hundred and 20 million dollars up for sale to financial institutions.
Views: 1818 CGTN Africa
Egypt Finance ministry to raise dollar rate to 17 from 15.7
 
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Egypt’s finance ministry is set to raise the customs dollar exchange rate to EGP 17 from EGP 15.7 for two weeks effective as of Thursday. Finance Minister Amr El-Garhy said the new rate would be applied starting this weekend until the end of March in line with foreign exchange rates in use at banks. In early February, the pound's official exchange rate climbed from EGP 18.5 to 15.7. In November, the CBE freely floated the pound, releasing it from a fixed rate of 8.88, as part of a set of economic reforms aimed at reviving Egypt's flagging economy. Egypt's central bank says the country's foreign reserves reached $26.54 billion by the end of February 2017, up from around $26.36 billion in January.
Views: 213 CGTN Africa
Egypt Central bank floats pound to 13.1 per dollar, raises lending rates
 
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Egypt's central bank has officially devalued the Egyptian pound. It now stands at 13.1 per dollar. The bank has also raised key lending rates by 300 basis points, announcing a series of measures designed to tackle a hard currency shortage and restore investor confidence in the economy. Egypt's pound has repeatedly weakened to a record in the black market in the past month, as pressure increased on the government to devalue the currency. The exchange rate will now be set by supply and demand. Egypt's economy has been undermined by political unrest since 2011. Forcing many investors and tourists to shun the country. The effects have crushed economic growth and put pressure on its foreign reserves.
Views: 421 CGTN Africa
купюра 1 one pound CENTRAL BANK of Egypt / банкнота 1 фунт Египет Бонистика бумажные деньги
 
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one pound CENTRAL BANK of Egypt 1 египетский фунт, устар. лира или ливр, гинея (араб. الجنيه المصرى‎ — al-Gunayh al-Miṣrī, масри el-Genēh el-Maṣri) — денежная единица Египта. Один египетский фунт равен 100 пиастрам (араб. قرش‎ — qirsh, англ. piastre). Международное обозначение: EGP. На египетских ценниках чаще встречается иное сокращенное название фунта — L.E. (от франц. — Livre égyptienne). В денежном обращении находятся банкноты номиналом в 25 и 50 пиастров, 1, 5, 10, 20, 50, 100 и 200 фунтов; монеты в 25, 50 пиастров и 1 фунт. Банкноты в 25 и 50 пиастров, а также в 1 фунт фактически вышли из обращения, так же, как ранее вышли из обращения банкноты в 5 и 10 пиастров. На всех банкнотах изображены те или иные мечети Египта, как упоминание о том, что Египет — мусульманская страна. Цифры изображаются как в традиционном международном, так и в арабском написании Бонистика водяной знак погребальная маска Тутанхамона Читайте наш БЛОГ «Мир коллекционера» http://coinsrussia.blogspot.com/ ♥♥ Спасибо за Like и за ПОДПИСКУ на наш канал ♥♥ www.youtube.com/channel/UCFF4pt_sZdME9LFj8W1_IZw Присоединяйтесь к нам в соцсетях! ВКонтакте: http://vk.com/club46258584 Facebook: http://www.facebook.com/groups/154334... Google+: google.com/+YarkoCoinsWORLD ТВИТТЕР http://twitter.com/yarkoWorldCoins The Egyptian pound (Egyptian Arabic: جنيه مصرى‎ Genēh Maṣri [ɡeˈneː(h) ˈmɑsˤɾi]; sign: E£, ج.م; code: EGP) is the currency of Egypt. It is divided into 100 piastres, or ersh (Egyptian Arabic: قرش‎ [ʔeɾʃ]; plural قروش [ʔʊˈɾuːʃ]),[1] or 1,000 millimes (Egyptian Arabic: مليم‎ [mælˈliːm]; French: millime). The Egyptian pound is frequently abbreviated as LE or L.E., which stands for livre égyptienne (French for Egyptian pound). E£ and £E are commonly used on the internet. The name Genēh [ɡeˈneː(h)] is derived from the Guinea coin, which had almost the same value of 100 piastres at the end of the 19th century. In 1834, a khedival decree was issued, adopting an Egyptian currency based on a bimetallic standard (gold and silver) on the basis of the Maria Theresa thaler, a popular trade coin in the region.[3] The Egyptian pound, known as the geneih, was introduced, replacing the Egyptian piastre (ersh) as the chief unit of currency. The piastre continued to circulate as ​1⁄100 of a pound, with the piastre subdivided into 40 para. In 1885, the para ceased to be issued, and the piastre was divided into tenths (عشر القرش 'oshr el-ersh). These tenths were renamed milliemes (malleem) in 1916. The legal exchange rates were fixed by force of law for important foreign currencies which became acceptable in the settlement of internal transactions. Eventually this led to Egypt using a de facto gold standard between 1885 and 1914, with E£1 = 7.4375 grams pure gold. At the outbreak of World War I, the Egyptian pound was pegged to the British pound sterling at EG£0.975 per GB£1. Egypt remained part of the Sterling Area until 1962, when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of EG£1 = US$2.3. This peg was changed to 1 pound = 2.55555 dollars in 1973 when the dollar was devalued. The pound was itself devalued in 1978 to a peg of 1 pound = 1.42857 dollars (1 dollar = 0.7 pound). The pound floated in 1989. However, until 2001, the float was tightly managed by the Central Bank of Egypt and foreign exchange controls were in effect. The Central Bank of Egypt voted to end the managed-float regime and allowed the pound to float freely on 3 November 2016;[4] the bank also announced an end to foreign exchange controls that day.[5] The official rate fell twofold. The Egyptian pound was also used in Anglo-Egyptian Sudan between 1899 and 1956, and Cyrenaica when it was under British occupation and later an independent emirate between 1942 and 1951. The National Bank of Egypt issued banknotes for the first time on 3 April 1899. The Central Bank of Egypt and the National Bank of Egypt were unified into the Central Bank of Egypt in 1961 ссылка на видео one pound CENTRAL BANK of Egypt / банкнота 1 фунт Египет https://www.youtube.com/watch?v=w5gS3xd3QRwv=w5gS3xd3QRw
Views: 1750 Yarko Coins
Egyptian Money
 
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This is probably the only time we will have all forms of Egyptian currency, so we thought this was the best time to show you.
Views: 13120 Frommes on a Journey
Fitch hold Egypt's Foreign & local currency IDRs at B, stable outlook
 
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The average exchange rate for the Egyptian pound closed on Friday at EGP 18.60 against the US dollar in Egypt's banks, the lowest rate since the central bank floated the national currency on 3 November The dollar stood at EGP 18.85 in Egypt's central bank, 18.60 at Egypt's largest private lender CIB, and 19 at HSBC Egypt. The country's foreign reserves stood at $23 billion by the end of November.
Views: 276 CGTN Africa
My Egyptian Pound Collection
 
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These 9 banknotes is an Egyptian Pound Currency, I love it because it has an issue date on it, So I collected it all. Influenced by this video: https://www.youtube.com/watch?v=A4WkpJGcdXI Mobile: Samsung C7 Pro Recording Date: 27th August Music: Retrovision-Puzzle
Views: 695 Hap Archery
Egypt's Central Bank values home currency at 8.85 pounds per dollar
 
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Egypt's Central Bank has devalued the pound to 8.85 pounds per dollar from a previous 7.73, as it tries to resolve dollar shortages. Experts say the move is necessary to spare the treasury from spending desperately needed foreign currency to prop up the Egyptian pound. Egypt, which depends heavily on imports, is facing a foreign currency crisis caused by slow capital flows from key ministries such as tourism. Last week, it lifted caps on withdrawals and deposits of foreign currencies for individuals and companies importing essential goods, while keeping them in place for other corporates. But Many Egyptians are worried that the recent devaluation would cause a surge in prices.
Views: 819 CGTN Africa
Nepalese Rupee Exchange Rate ...  | Currencies and banking topics #65
 
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Exchange rates of the Nepalese currency rupee NPR ... USD / NPR, EUR / NPR, INR / NPR, GBP / NRP, JPY / NPR, CNY / NPR, AED / NPR exchange rates ... American dollar, Euro, British pound sterling, Japanese yen, Indian rupee, Chinese yuan, UAE dirham buying and selling exchange rates in Nepal … Nepal Rastra Bank currency exchange rates 2019 ... Nepalese rupee exchange rate today … Currency open market in Katmandu, Nepal … USD American dollar to Nepalese rupee (NPR) exchange rate … EUR Euro to Nepalese currency rupee NPR exchange rate … GBP UK pound sterling to Nepalese rupee NPR exchange rate … INR Indian rupee to Nepalese rupee (NPR) exchange rate … CNY Chinese yuan to Nepalese rupee (NPR) exchange rate … JPY Japanese yen to Nepalese rupee (NPR) exchange rate … AED UAE dirham to Nepalese rupee (NPR) exchange rate … Nepali currency vs indian currency exchange rate ... New nepali rupee exchange rates ... नेपाली रुपैयाँ विनिमय दर आज ... अमेरिकी डलर, यूरो, ब्रिटिश पाउन्ड स्टर्लिंग, जापानी येन, भारतीय रुपैयाँ, चिनियाँ युआन, संयुक्त अरब अमीरात दिर्हाम मुद्रा विनिमय दर नेपालमा नेपाल रुस्ट्रा बैंक मुद्रा विनिमय दर 2019 ...
Egypt holds foreign exchange auction to stabilize local currency
 
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Egypt's central bank sold $551 million to commercial banks at a rate of 7.73 Egyptian pounds to the dollar in an exceptional foreign exchange auction. The auction was to cover imports of strategic goods. Egypt has been suffering from a foreign-currency crunch due to political turmoil that has gripped the country since the 2011 unrest. CCTV's Yasser Hakim looks at whether the auction has stabilized the Egyptian pound.
Views: 138 CGTN Africa
Philippine currency rates as of oct 29 2017
 
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Please subscribe for more videos
Views: 47563 traveller manskie
Currency Exchange Rate Comparisons - Philippines
 
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Easy Currency Converter app for mobile
 
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All currency converter app converts currency easily. Just select the desired currency and enter the value fir first and get converted result. All Currency Converter is a real-time currency exchange rates converter. (The calculator is featured). All around the world offer rates for almost all currencies (over 162) and also comes with a special price for minerals such as gold, silver and. #Comes with a simple exchange rate conversion and exchange rate calculation. #View and can calculate currency (the currency of some ready ...) AED UAE Dirham AFN Afghan Afghani ALL Albanian Lek AMD Armenian Dram ANG Neth Antilles Guilder AOA Angolan Kwanza ARS Argentine Peso AUD Australian Dollar AWG Aruba Florin AZN Azerbaijani New Manat BAM Bosnian Convertible Marka BBD Barbados Dollar BDT Bangladesh Taka BGN Bulgarian Lev BHD Bahraini Dinar BIF Burundi Franc BMD Bermuda Dollar BND Brunei Dollar BOB Bolivian Boliviano BRL Brazilian Real BSD Bahamian Dollar BTC Bitcoin BTN Bhutan Ngultrum BWP Botswana Pula BYN New Belarusian Ruble BZD Belize Dollar CAD Canadian Dollar CDF Congolese Franc CHF Swiss Franc CLP Chilean Peso CNY Chinese Yuan COP Colombian Peso CRC Costa Rica Colon CUP Cuban Peso CVE Cape Verde Escudo CYP Cyprus Pound CZK Czech Koruna DJF Dijibouti Franc DKK Danish Krone DOP Dominican Peso DZD Algerian Dinar EGP Egyptian Pound ERN Eritrean Nakfa ETB Ethiopian Birr EUR Euro FJD Fijian Dollar FKP Falkland Islands Pound GBP British Pound GEL Georgian Lari GHS Ghanaian Cedi GIP Gibraltar Pound GMD Gambian Dalasi GNF Guinea Franc GTQ Guatemala Quetzal GYD Guyana Dollar HKD Hong Kong Dollar HNL Honduras Lempira HRK Croatian Kuna HTG Haiti Gourde HUF Hungarian Forint IDR Indonesian Rupiah ILS Israeli Shekel INR Indian Rupee IQD Iraqi Dinar IRR Iranian Rial ISK Iceland Krona JMD Jamaican Dollar JOD Jordanian Dinar JPY Japanese Yen KES Kenyan Shilling KGS Kyrgyzstani Som KHR Cambodia Riel KMF Comoros Franc KPW North Korean Won KRW Korean Won KWD Kuwaiti Dinar KYD Cayman Islands Dollar KZT Kazakhstan Tenge LAK Lao Kip LBP Lebanese Pound LKR Sri Lanka Rupee LRD Liberian Dollar LSL Lesotho Loti LTL Lithuanian Lita LVL Latvian Lat LYD Libyan Dinar MAD Moroccan Dirham MDL Moldovan Leu MGA Malagasy Ariary MKD Macedonian Denar MMK Myanmar Kyat MNT Mongolian Tugrik MOP Macau Pataca MRO Mauritania Ougulya MUR Mauritius Rupee MVR Maldives Rufiyaa MWK Malawi Kwacha MXN Mexican Peso MYR Malaysian Ringgit MZN Mozambican Metical NAD Namibian Dollar NGN Nigerian Naira NIO Nicaragua Cordoba NOK Norwegian Krone NPR Nepalese Rupee NZD New Zealand Dollar OMR Omani Rial PAB Panama Balboa PEN Peruvian Nuevo Sol PGK Papua New Guinea Kina PHP Philippine Peso PKR Pakistani Rupee PLN Polish Zloty PYG Paraguayan Guarani QAR Qatar Rial RON New Romanian Leu RSD Serbian Dinar RUB Russian Rouble RWF Rwandan Franc SAR Saudi Arabian Riyal SBD Solomon Islands Dollar SCR Seychelles Rupee SDG Sudanese Pound SEK Swedish Krona SGD Singapore Dollar SHP St Helena Pound SIT Slovenian Tolar SLL Sierra Leone Leone SOS Somali Shilling SRD Surinamese Dollar STD Sao Tome Dobra SVC El Salvador Colon SYP Syrian Pound SZL Swaziland Lilageni THB Thai Baht TJS Tajikistani Somoni TMT Turkmenistani Manat TND Tunisian Dinar TOP Tonga Pa'anga TRY Turkey Lira TTD Trinidad&Tobago Dollar TWD Taiwan Dollar TZS Tanzanian Shilling UAH Ukraine Hryvnia UGX Ugandan Shilling USD U.S. Dollar UYU Uruguayan New Peso UZS Uzbekistani Som VEF Venezuelan Bolivar VND Vietnam Dong VUV Vanuatu Vatu WST Samoa Tala XAF CFA Franc (BEAC) XAG Silver Ounces XAU Gold Ounces XCD East Caribbean Dollar XDR IMF Special Drawing Rights XOF CFA Franc (BCEAO) XPD Palladium Ounces XPF Pacific Franc XPT Platinum Ounces YER Yemen Riyal ZAR South African Rand ZMW Zambian Kwacha
Views: 110562 tech4all
Egyptian central bank aims to stamp out black market traders
 
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LEAD IN: Egypt's central bank is working to keep the Egyptian pound steady in an effort to crack down on unregulated foreign exchange trading and to also boost investment. After a rapid decline in January, the US dollar is now buying 7.63 pounds, closing the gap between bank and private exchange markets. STORY-LINE: It's been a rollercoaster ride for the value of the Egyptian pound against the US dollar, with a rapid decline since January. The National Bank of Egypt is now intervening to support the currency at its current rate of 7.63 pounds. Previously, the dollar's price had been stable at 7.14 EGP in banks. However in private exchange markets, it had risen to 7.80 EGP. Egypt's central bank has been acting to close that gap in an effort to wipe out black market trading. It operates a managed float of the pound and can influence its value by buying and selling currency at official auctions several times a week. The bank's intervention has been welcomed by some private money exchangers, like Tamer Rafee. He says: "The decision of the central bank to raise the dollar to reach its price in exchange markets is completely right. But still the black market is affecting this decision. Because it sells dollars with higher prices and buys dollars with lower prices. So what we need right now is some flexibility between both selling and buying prices in order to destroy the black market completely." The weaker pound will make some imported items more expensive. However for exporters, the lower pound should make their items more affordable to overseas buyers. Some shop owners say they have absorbed the changes and have not yet raised the price of their stock. Electronics store owner, Hassan Salama says: "At first we changed dollars from exchange markets by 7.70 or 7.80 Egyptian pounds. Banks refused to sell dollars for us at the beginning. And now the bank exchanges the dollar with 7.63 Egyptian pounds which is less by 2 percent than exchange markets. So I assume that the dollar did not increase and did not affect our products. Our prices in the store did not rise. And sometimes I decrease my profit margin to decrease prices for my products on sale." But for local mobile phone outlets, the situation is different. Many phones are imported from China and Far-Eastern countries and the cost of doing business has now increased, because of the rising US dollar and the falling Egyptian pound. "Concerning my business, all my products have been affected by the rise of the dollar price. Mobile accessories, mobiles and tablets, Chinese or Samsung brands or whatever imports have been all affected by the rise of the dollar. And hence when the dollar rises, the products rise as well." says local mobile seller, Mohamed Abdel Gawad. Luxury products like perfumes and watches have also been affected. Perfume shop owner, Hamdy Alogeil says: "We used to import 1 or 2 containers per month. But now we import one container every six months. And this is due to the rise of the dollar's price in the market ." The price of cars being imported into Egypt will also go up. Newspapers have published articles confirming the rise of car prices in 2015. This has prompted many Egyptians to buy cars now through bank instalments, instead of paying cash. Egyptian banks had refused to open accounts for car traders with dollars, and that led them to buy dollars with higher prices which influenced the car market prices. In the private exchange markets, the dollar has fallen down to 7.65 EGP which is similar to the banks price on 7.63 EGP. But the problem of black market traders remains, with some buying dollars for as much as 8 EGP. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/5e6ecac555e36175b59efcba802c82c8 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 1620 AP Archive
Egypt's Central Bank lifts limits on foreign exchange transfers
 
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Egypt's central bank has lifted limits on foreign-exchange transfers, indicating that a dollar shortage that hampered economic activity is abating. The announcement allows banks to push through transactions that were capped at $100,000 shortly after the 2011 uprising. The crunch eased after the central bank floated the pound in November and Egypt secured a $12 billion International Monetary Fund loan that helped attract foreign investors. Reserves rose 9% in May from the previous month to $31.1 billion, the highest level since February 2011. The central bank had already allowed commercial lenders to repatriate dividends and eased restrictions on the use of debit and credit cards abroad. Since the float, the pound weakened by about half against the dollar, causing inflation to spike to the highest level in decades. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 263 CGTN Africa
Expat dollar certificates aim to boost Egypt's foreign currency reserves
 
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(29 Feb 2016) LEAD IN: The Egyptian government has launched a new dollar certificate to encourage Egyptian expatriates to move their foreign currencies into the country's economy. It's an attempt to boost Egypt's dwindling foreign currency reserves which have led to record lows in black market rates for the pound. STORY-LINE: Egypt's currency is floundering. The pound has dropped to record lows on the black market in the last week, hovering between 9 and 9.25 per dollar. The problem is linked to the import market with companies relying on dollars to bring goods into the country. But foreign currency reserves have fallen drastically and businesses are struggling to find the dollars to import items. The reserves have remained at 16.5 billion dollars in recent months, having declined from 36 billion in December 2010, a month before the 2011 uprising that toppled long time autocrat Hosni Mubarak. But the government has a plan to boost that number. It has launched 'Belady' dollar certificates to encourage Egyptian expatriates to move their currency savings into the country's economy. "We announce the issue of the Egyptian dollar certificate 'Belady' for Egyptian expats through the branches of those three national banks (National Bank of Egypt, Banque du Caire, Banque Misr). Those banks are issuing such certificates in response to demands from the Egyptian expatriates to direct their savings into foreign currency to serve their country's economy," says Nabila Makram, Minister of Immigration and Egyptian Expatriate Affairs. The certificates offer interest rates of 3.5, 4.5 or 5.5 percent, depending on the maturity term. Egypt faces an uphill struggle to meet its dollar needs. "The worst thing is the balance of payment in Egypt's economy. What Egypt needs to pay to the outside world in hard currency, in the form of importing goods and services, and other commitments, like paying Egypt's debts, is much bigger than Egypt's income from foreign currencies from revenues of Suez Canal, tourism, remittances from Egyptians abroad and revenues from foreign investments in Egypt," says Magdy Sobhy, Deputy Director of Al-Ahram Center for Political and Strategic Studies. "So this critical situation will result in a drop in Egypt's exchange reserve from foreign currency and obviously will affect the value of the Egyptian currency." Egypt can no longer really on tourism to prop up its currency revenues. It has has declined sharply since unrest stemming from the 2011 toppling of Mubarak. The apparent bombing of a Russian passenger plane over the Sinai peninsula last year, claimed by the IS group, led to widespread flight cancellations, dealing a major blow to the industry, which is one of the country's main earners. Pressure is mounting on the central bank to devalue the pound. Central bank Governor Tarek Amer has said the bank would only consider floating the pound once the country shores up its foreign currency reserves to 25 billion US dollars or 30 billion US dollars. "A floating exchange rate is to allow the market mechanisms to determine the currency value against the foreign exchange market and what we see now of the pound value in the black market is considered floating the pound," says Sobhy. Egypt's official exchange rate remains at 7.83 at banks since the central bank strengthened the pound by 0.20 pounds in November, a move that came as a surprise to investors. A devaluation would cause a surge in prices for Egyptians who are needing imported goods. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/a2fe5e93a188f2f207063ba8b1622943 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 89 AP Archive
Egypt Devalues Currency 13% Due to Crippling Dollar Shortage
 
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www.undergroundworldnews.com The central bank of Egypt has slashed the value of its currency to 8.85 pounds to the US dollar from the previous exchange rate of 7.73. Economists say Monday's devaluation was necessary to avoid the bank spending foreign reserves to prop up the national currency. Learn More: https://www.rt.com/business/335519-economy-egypt-devaluation-currency/
Views: 9266 DAHBOO77
US Dollar (USD) = 1.9 Egyptian Pound (EGP)
 
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الدولار بـ 190 قرش، عام 1987
Views: 1444 abdallah almasray
Egypt's Central Bank cuts main interest rates to 17.75%
 
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The Egyptian Central Bank cut its main interest rates by a percentage point each. This is the first time the bank has lowered them since floating the currency in 2016. Economists have welcomed the move and said they expect another cut in March. Since it allowed the pound to float freely in foreign exchange markets in November 2016, the bank has raised overnight rates by 700 basis points to combat soaring inflation. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 311 CGTN Africa
Poorer Egyptians pay the price for the country's foreign currency crisis
 
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Egypt is suffering a foreign currency crisis - and with much of its food and energy imported, that is causing big problems. The Egyptian pound has been losing value, particularly against the dollar. The central bank's reserves are getting dangerously low as it spends its reserves on keeping the exchange rate artificially strong and financing imports. Fewer tourists because of the security situation also means less foreign currency coming into the country. Financial expert Dr. Mohammed Al-Naj… READ MORE : http://www.euronews.com/2016/02/25/poorer-egyptians-pay-the-price-for-the-country-s-foreigncurrencycrisis euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHCzj Made by euronews, the most watched news channel in Europe.
Views: 711 euronews Business
World Top Most Countries That Have Pound As Currency
 
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In this video we tell world top most countries where only pound works as currency . It includes, England, Egypt, Syria , Sudan and so on. Subscribe to News Express ► http://bit.ly/2hil7yn
Views: 10879 News Express
Kenyan Currency - Shilling
 
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Want to know the currency in Kenya? Visit http://currencyname.com/kenya to learn more about Kenyan currency and the latest exchange rates. What currency to use in Kenya? The Kenyan currency is the Shilling. What is the symbol for Kenyan Shilling? The Kenyan Shilling symbol is Sh. What is the Kenyan currency ISO code? The ISO code for Kenyan currency is KES. What are the frequently used notes in Kenya? The Kenyan currency notes consist of 5, 10, 20, 50, 100, 200, 500 and 1000 shillings. What are the frequently used coins in Kenya? The Kenyan currency coins consist of 50c, 1, 2, 5, 10 , 20, 40 shillings.
Views: 4014 Currency Name
Egypt's Central Bank hike interest rates to protect Egyptian pound
 
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Egypt's Central Bank has raised interest rates by 1.5 percentage points in its Monetary Policy Committee. An interest rate hike had been widely anticipated in the wake of a sharp devaluation of the Egyptian Pound against the US dollar earlier this week. CCTV's Yasser Hakim has been following these developments for Cairo
Views: 325 CGTN Africa
Egypt central bank will retain 'total independence:' newly-appointed chief
 
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Egypt's newly-appointed central bank governor Hisham Ramez says the bank would retain 'total independence' under his leadership and that his priority is to promote transparency. "Central bank independence is essential. But this does not mean we work in isolation, there will be cooperation between us and the government because we share the same goal which is growing the economy and fulfilling the national interests," Ramez said. Ramez told Al Arabiya he wanted the central bank to be more transparent and improve communication with investors: "the priority for the central bank is transparency; we will do our best to be more transparent so that people are aware of what we are doing so we can manage expectations and the picture is clear to investors." Ramez said the bank is not targeting a specific price for the Egyptian pound but seeks to have an 'orderly' currency market where prices are driven by the market forces of supply and demand. "We do not have a certain dollar level we are targeting, our goal is to have an orderly market and Egypt in all its different stages, over the past 8 years we reached where we are today, we succeeded in solving our problems during the global financial crisis and the early days after the revolution," Ramez said. "We are very confident that the market will become orderly and balance very soon," he added. The newly-appointed central bank governor will officially take over on February 3rd. Ramez said he believes there will be 'stability very soon in the exchange rate'. "We have started seeing positive signs, there are many retail investors who have started selling the dollar, just like some people were buying the dollar, now the system is a 'two way street' there is selling and buying, supply and demand. I expect that we will reach stability in the exchange rate; I don't want to give a specific timing," Ramez said. The central bank plans to launch to buy and sell the dollar based on the market activity. "The auctions we are conducting to sell the dollar, I expect that in a short period of time we will also have auctions to buy the dollar excess from other banks, this is likely and we will see stability in the exchange rate," said Ramez.
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Views: 130 life entertainment
We welcome CBE's pricing of EGP and flexibility in exchange rates Masood Ahmed
 
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Director of the IMF's Middle East and Central Asia Department discusses conditions of Egyptian Economy in 2016 World Bank/IMF Spring Meetings Website: www.dailynewsegypt.com Facebook: https://www.facebook.com/DailyNewsEgypt/
Views: 57 Daily News Egypt
Best & Worst Places to Exchange Foreign Currency on Vacation
 
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Ever wonder where you should exchange your dollars or Euros, money, when you travel? Well here are a few tips on the best and worst places to exchange your currency while you are traveling. Filmed in Kilkenney, Ireland Copyright Mark Wolters 2017 USA Today & 10Best's #1 Independent Travel Videographer 2014 FlipKey by TripAdvisor Top 10 Travel Bloggers 2014 Our Equipment Sony Alpha a6000 Digital Camera. Great for Capturing Amazing Photos and HD Video. http://amzn.to/2bBMnWg GoPro Hero4: Digital Camera for On The Go Fun in 4K http://amzn.to/2cbYkz4 SanDisk Extreme Pro 64 GB - SD Disk: For Saving All The Video Footage Without Having to Switch Chips http://amzn.to/2bSjCE3 Video Editing Software: Sony Movie Studio 13 - Fast, Easy & Affordable to Make Great Videos at a Great Price http://amzn.to/2bBjhrF Tripod - Manfrotto Compact Travel Tripod - The Size to Travel, but the Sturdiness of a Professional Tripod http://amzn.to/2bRSVAV For More Travel Gear & Accessories Visit Our Amazon Travel Gear Shop http://astore.amazon.com/woltworl02-20 Find More Videos At: http://www.woltersworld.com Subscribe to Wolters World on YouTube! http://www.youtube.com/woltersworld Follow Us At http://www.facebook.com/woltersworld http://www.twitter.com/woltersworld http://www.instagram.com/woltersworld
Views: 24808 Wolters World
Egypt issues diaspora dollar bonds to fix forex deficit
 
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Egypt has announced plans to issue dollar bond certificates to its citizens living in the diaspora. The bonds will be issued online or through overseas branches of the country's state owned banks; the National Bank of Egypt, Banque du Caire and Misr bank. The government is trying to attract dollars into Egypt to help overcome it currency crisis.
Views: 238 CGTN Africa
Egypt National Bank of Egypt £100 ND (1913-19) Pick 16s Specimen.
 
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Read the full description: https://currency.ha.com/itm/world-currency/egypt-national-bank-of-egypt-and-163-100-nd-1913-19-pick-16s-specimen/a/4005-28073.s?type=YouTube-VLD-060215
Views: 75 Heritage Auctions
Egypt’s Monetary Policy Committee raises benchmark interest rate by 0.5%
 
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Egypt’s Monetary Policy Committee has raised its policy rate by 50 basis points, just a week after it shocked markets by leaving the very same rates, unchanged. Citing inflationary pressure, the Monetary Policy Committee raised the overnight deposit rate to 9.25% and the overnight lending rate to 10.25%. Urban consumer inflation rose to 11.1% at the end of November - the highest level in five months. This surprise rate hike is the first under the new Central Bank Governor Tarek Amer, who has led a drive to indirectly support the Egyptian pound and supply banks with dollar liquidity to cover imports despite dwindling foreign reserves.
Views: 125 CGTN Africa
Poorer Egyptians pay the price for the country’s foreign currency crisis
 
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Egypt is suffering a foreign currency crisis – and with much of its food and energy imported, that is causing big problems. The Egyptian pound has been losing value, particularly against the dollar. The central bank’s reserves are getting dangerously low as it spends them on keeping the exchange rate artificially strong and financing imports. Fewer tourists because of the security situation also means less foreign currency coming into the country. Financial expert Dr. Mohammed Al-Najar told euronews: “The current economic situation seems to be the main reason for this crisis, but we also can’t ignore the effects of the political and security problems. That’s also caused economic worries which means foreign investment is not coming into the country.” The shortage of dollars and the Egyptian pound falling much lower than the official exchange rate on the black market means ordinary middle-class and poorer Egyptians are paying the price – literally. Shelves are emptying of imported food and people’s purchasing power has been chopped. A Cairo butcher expressed his discontent: “We expect prices to rise further in the near future, how will people live then? Where will they get the money? Water and electricity prices have risen, everything’s going up.” And a shopper complained: “How will we live in this situation? How can I guarantee my family has enough to eat? Where are the cheap prices we were promised? The dollar rises and we’re left eating stones.” Affordable food is an explosive issue in Egypt. Economic discontent has helped unseat two presidents in five years. In addition, businesses are finding it difficult to operate as the lack of dollars means they cannot import materials. General Motors recently suspended operations in Egypt for a week because of a shortage of foreign currency. It was the first shutdown of its kind in the more than 30 years that GM has been operating there. The company has a nearly 25 percent share of Egypt’s car market. Euronews correspondent Mohammed Shaikhibrahim in Cairo concluded: “Egypt’s government is trying to find ways to rescue the economy, but so far it doesn’t appear to be enough or particularly effective. Economists now fear the government could allow the Egyptian pound to float, which they think would be economic suicide, especially in a country already experiencing low growth and high unemployment.”
Egyptian pound weakens to record lows vs dollar on balck market
 
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The Egyptian pound fell to an unprecedented low on the black market on Monday, as hard currency demand rises in the dollar-starved economy. The Egyptian unit traded at 10 pounds per dollar compared to around 9.8 pounds last week. The country is still suffering a foreign currency shortage despite government decisions to devalue the pound and raising caps for dollar deposits and withdrawals. The situation has led the country's second largest bank, Banque Misr, to approach foreign financial institutions for a 300 million euro syndicated loan to shore up its reserves. Egypt's three state banks, Banque Misr, the National Bank of Egypt, and Banque du Caire began offering dollar denominated certificates of deposits with attractive yields to Egyptians living abroad to increase their dollar resources.
Views: 877 CGTN Africa
All countries currencies in indian rupees
 
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hi guys in this video i will show u the other countries money in indian rupees.subscribe for more videos
Views: 430963 All Types Of Videos
Egyptian Central Bank raises Interest rates to tame Inflation
 
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Egypt's Central Bank, has officially raised, benchmark interest-rates. This in a bid to hold down inflation just two weeks, after the government, slashed subsidies, on fuel and electricity. The Central Bank raised the overnight deposit-rate, to 9.25 percent and the lending-rate to 10.25 percent. According to the bank, the hike is necessary, to be able to tame-inflation in order to limit a generalized price increase of goods.
Views: 184 CGTN Africa

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