Tag: CBE

CBE governor reveals secret of FX reserves hike in January 2018

CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down…

Hossam Mounir

Foreign reserves hit record high of $38.21bn at end-January 2018

Volume of foreign currency liquidity up $1.036bn, gold up $135m, says CBE

Hossam Mounir

Egypt to host Seamless North Africa fintech conference for first time

Holding conference under president's auspices reflects Egyptian state's interest to transform into…

Hossam Mounir

CBE asks banks to monitor some customer accounts

The Central Bank of Egypt (CBE) requested that banks operating in the…

Daily News Egypt

CBE issues standard criteria for accepting electronic payment using QR Code

Standard criteria is a new step towards digital economy and contributing to…

Hossam Mounir

Egyptian remittances score $10.4bn from July-November 2017: CBE

Egyptians' remittances recorded about $2.2bn in November 2017, compared to $2.1bn in…

Hossam Mounir

CBE opens account to collect change from checks, remittances, directs them to development projects

CBE called on banks to transfer change to main account at end…

Hossam Mounir

CBE warns against dealing in Bitcoin

Cryptocurrencies lack guarantee and official government support as opposed to official currencies:…

Hossam Mounir

CBE offers treasury bills worth $7850m

Tender proceeds to cover previous tender on 10 January 2017 worth $888.8m

Hossam Mounir

Egypt’s easing cycle to be larger than most expect: Capital Economics

Interest rate to be cut to 13.25% by end-2018 and 11.25% by…

Elsayed Solyman