Hossam Mounir

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3959 Articles

CBE stabilises US dollar exchange rate causing confusion in market

The higher inflation rate caused the CBE to postpone another devaluation of…

Hossam Mounir

51.7% fewer tourists in May: CAPMAS

61.3% decline in Russian tourists; Saudis account for 31.2% of total tourists…

Hossam Mounir

Brexit negatively affects Egyptian remittances: UAB secretary general

Egypt had 29.8% of the total Arab remittances from Britain, says Fattouh

Hossam Mounir

Ministry of Finance reveals features of proposed customs law reforms

Introduction of a new system to receive information beforehand on all imported…

Hossam Mounir

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

Hossam Mounir

Inflation rises to 14.8% in June 2016: CAPMAS

CPI is a measure of changes in the purchasing power of currency…

Hossam Mounir

January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007

5 January 1899 saw the issuance of the first Egyptian paper banknote,…

Hossam Mounir

Printing cash done in accordance to regulations, commitment to economic, legal measures: CBE

The annual growth of banknote issuance is usually proportionate to annual GDP…

Hossam Mounir

CBE forced to issue new banknotes monthly due to low state resources, high expenditure: banking expert

The CBE has increased its issuance of banknotes since January 2011, due…

Hossam Mounir

EGP 6.8bn increase in banknotes printed in March 2016: CBE

EGP 200 banknotes accounted for 52.1% of the total banknotes issued; EGP…

Hossam Mounir