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USD/EGPp - US Dollar Parallel Egyptian Pound

Parallel Rate
Symbol
Exchange
Currency
USD/EGPpParallel RateEGPp
USD/EGPReal-time CurrenciesEGP
Currency in
EGPp
Disclaimer
47.696
-0.785(-1.62%)
Real-time Data

USD/EGPp Discussions

anyone watch the IMF video yesterday they said specifically that the next installment of the loan will not be available unless the foreign currency is available to all companies and individuals guess what is that going to do with the current government controls on the currency for the dollar the sky will be the limit
The banks are not giving dollars to anyone the IMF gave less than 1 billion the request was for 5b very soon the dollar will hit 90
when someone imagines 38 as if Egypt has robust economy Egypt had 48 consecutive months of purchasing manager index decline which means shrinking economy suez canal revenue is cut in half tourists are avoiding Egypt because of war in Gaza factory closures unemployment there is not a single economic reason for the EGP to improve and thousands of reasons to decline wishful thinking and patriotism dose not save currency from decline nor policing the market either so it's only a matter of time
you are confused about your abc I am not here to educate you, if you like it or you don't economic facts and realities has affected and will continue to affect the EGP which long term will only decline and if think one person bashing or another championing will make a currency decline or stabilize then you need better education observe the history of the EGP and Egypt economy and will learn much more but keep cheering the EGP and it will keep declining enjoy
sup-bar lvl
it's called sub par please correct your spelling
$ price is controlled by government, through stringent control of banks and free exchange market, no one can predict unless he knows the government decisions
very simple the economic fundamentals of Egypt is completely messed up and there is no meaningful attempts for recovery Egypt is on sugar high now and once the cash infusion dwindles the dollar will hit 150 EGP
150....why not 145....38 is coming to make hallucinations more better to pple who want egypt collapse
38 based on what?
and why you missed 150 based on what ??
current debts just increased with all the new loans which will be due starting next year the dollar will be over 150 let's face it there is no real production exports way much less than imports and there is too much to list unless there is real production and increasing exports the EGP pound will get crushed again and again
Ok.... Buy it with 47 and u win..... Simple
first things first is to correct your English language you don't say buy it with ( which means buy it using) you say buy it at 47 , it seems to me you are a government enthusiast and just trying to bash the dollar down , news for you the dollar is on an uptrend since 1952
Price maybe higher because everything in market are higher than before oil sugar everything
The question u ask suppose to be why prices didn’t match
I want to say i can not believe this price
And u will not believe 40 and 35....why u believed 70 and 75....
I wish everyone said it will go below 40 ... Go FK urself sweetie
Hahaha.... U will see 38...not 40 only.... I said it when it was 72.....just crap.... Within 1 to 2 months
how??
most of the money received from UAE will go to defend the EGP.
Buy 50 egp sell 50.100
Currently back to more than 53
Its currently 52. Is it going up/down by a lot or just slightly?
if went above the 55 , expect an up trend at least for short term
No more ups sir.... Game over
Guys, get ready for the dramtic drop soon, below 38 (pin my post)
depend on?!!
Justifications?
nothing
60 soon
😂In your dreams only
38 as soon as u will not beleive
Really how disgusting that you want your country currency and people to suffer
38 very soon
I said it very early when it was 72....waiting for the big red candle
What about if/when they get IMF loan? Wont they need to de-value it?
no
The dollar will hit 36 and no more floating will occur. This instrument will disappear soon.
Still no dollars in banks 😔
45 😎😎😎
Ensa msh hayftaha zay zman
We mesh hayb2a feh tany 3ashan elmodarben
now pricd is 54 and more will come i think will be 60 in couple of days even more
40 in few days.....
I expect it must be returned to 60 and stop at this range for a long time
Now 49....and within 2 days only.... Wait ant see 40
lol, this will happen ever as Sisi will start the new part of the New Administrative Capital, which alone is enough to devour all those dollars that entered the bank from the sale of Ras Al-Hikma City. In addition to that, there are outstanding debts that will be paid during the next quarterly quarter, so I believe that any money, not any city, will suffice for Egypt. Just the eyeballs of a wise man or a beautiful head will not be enough for Sisi to complete the deal of the century, as he plans to obtain $250 billion. However, the senior army officers and the country’s ruling entourage will steal that money, and the people will remain in debt.
45:50 for the rest of 2024 at least
it will rise again to 60 simply still no dollars in banks
I expect it will touch 45 this week.
it well touching 47
near it will tatch47 and down less
The price here is moving every second, how does it work?
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