Tag: CBE

IMF Reaches Staff-Level Agreement with Egypt on a Three-Year US$12 Billion Extended Fund Facility

  End-of-Mission press releases include statements of IMF staff teams that convey…

Daily News Egypt

IMF loan is last option for Egypt to escape economic crises: experts

IMF-leveraged deal is mandatory; a refusal would lead to losing loan sources,…

Shaimaa Al-Aees

Egypt, IMF to postpone unifying exchange rate until first tranche of loan arrives

Government moving quickly towards loan, while mission concerned about Cairo's ability to…

Mohamed Ayyad

Abdul Aal demands bill from MPs to cancel exchange companies

Parliament increased the penalties on those who change US dollar price on…

Daily News Egypt

Return to normal demand on US dollar in informal market

CBE allocates the value of Tuesday’s tender to cover imports of medicines,…

Hossam Mounir

Egypt pays $2.25bn of external debt in July: CBE

Foreign exchange reserves dropped $2bn in July, reaching lowest point since January…

Hossam Mounir

Government banks rely on own resources to obtain US dollars, not on CBE tenders: head of Banque du Caire

Banque du Caire, along with all state-owned banks, does not obtain its…

Hossam Mounir

Stabilising US dollar exchange rate, CBE confuses dollar holders once again

The CBE directed banks to allocate foreign currency for imports of medication

Hossam Mounir

Financial stability is a key priority at the IMF, says Al-Mashat

Rania Al-Mashat talks to Daily News Egypt as she assumes new role…

Hossam Mounir