Term of the Day: EGP

	View online | Add Investopedia to safe senders list
	INVESTOPEDIA Term Of The Day August 16, 2015 EGP The currency code for the Egyptian pound, the official currency of Egypt. The EGP replaced the Egyptian piastre in 1834. The pound was tied first to the gold standard and then the British pound, until 1962 when the country moderately devalued the pound and pegged it to the U.S. dollar. The EGP is unofficially used by residents of the Gaza Strip. Breaking It Down: The Central Bank of Egypt, which oversees the national currency, was created as a result of the merger of the Central Bank of Egypt and... Read More Related to "EGP" Top 7 Questions About Currency Trading Answered Although forex is the largest financial market in the world, it is relatively unfamiliar terrain for retail traders. Until the popularization of internet trading... Read More What Are Central Banks? The central bank has been described as "the lender of last resort", which means that it is responsible for providing its economy with funds... Read More A Primer On The Forex Market With the widespread availability of electronic trading networks, trading currencies is now more accessible... Read More Recently Added Definitions Gross Domestic Product - GDP The monetary value of all the finished goods and services produced within a country's borders in a specific... Read More Board Of Directors - B Of D A group of individuals that are elected as, or elected to act as, representatives of the stockholders to establish corporate... Read More Related Definitions Hard Currency Money XCD (Eastern Caribbean Dollar) Currency Forex - FX Past Terms of the Day Canadian Derivatives Clearing Corporation - CDCC Japanese Housewives Investment Corporation Of Dubai (ICD) Advertising Club Of New York London Business School You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: