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The last fuel worth improve came about in March, with the government attributing the worth hikes to the rising cost of gas because of the Red Sea attacks and the depreciation of the Egyptian forex. The official price of the dollar has risen 14 p.c this week from 7.83 Egyptian pounds (LE) to 8.95. The necessity of a devaluation has been widely understood for quite some time, as I defined just a week before the government announced the policy shift. The decline into November got here after Egyptian banks have been able to provide greenbacks extra freely to shoppers. Tax income from oil and أسعار الدولار اليوم في مصر gas manufacturing topped $10.Eight billion for Texas last year, more than double the overall for fiscal 2019, in accordance with the comptroller. In December 2019, the corporate mentioned it could now not insure or invest in corporations that generate greater than 25% of revenues from coal or from extracting oil from tar sands - a course of used primarily in Canada.

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