Pound’s value drops by 10 piasters against US dollar
The dollar value had been stable for around 100 days
Ambiguity surrounds CBE governor’s fate as his term comes to close
Mohamed Barakat, Tarek Amer tipped as potential replacements for Ramez
CBE lost its power to rapidly intervene in foreign exchange market: Pharos
Banks are employing foreign cash deposits by individuals to finance the needs…
Banknote issuance increases to 13.09% of GDP in June: CBE
The rate of banknote issuance reached about 15.06% of GDP in June…
28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits
The CBE raised the Deposit Operation mechanism on Monday, in order to…
$63.27bn worth of international trade between Egypt and world in 9 months: CBE
The US and China are Egypt’s largest trading partners, the UAE is…
United Bank seeks new, strong banking entity: Abdel Hamed
The bank aims to finalise bad debts portfolio, spread its branches and…
Vital incentives to encourage foreigners to invest in governmental debt instruments: El-Kosayer
According to CBE, foreign investors were the second largest investors in Egyptian…
Government plans to borrow EGP 281.5bn from banks in coming 3 months
Finance ministry to issue treasury bills worth EGP 199.5bn, bonds worth EGP…
Foreign investments in Egyptian treasury bills amount to EGP 500m in June 2015: CBE
Foreign investment in government debt instruments is too little compared to before…