Tag: CBE

Dollar stabilises after increasing by 20 piasters in 2 days

Market awaits CBE's next step; analysts believe July's stability will be repeated

Hossam Mounir

Dollar price to break EGP 8 barrier in banks for first time

Price reaches EGP 8.40 in black market, which is in complete paralysis…

Hossam Mounir

Depreciating EGP postpones foreign investments

Foreign investors are sure that the Egyptian pound will be devalued further

Daily News Egypt

Pound depreciation has limited impact on budget deficit: Economists

Government forecasts on the deficit will not be achieved and will jump…

Mohamed Ayyad

More than EGP 39bn increase in volume of deposits in July: CBE

Banks support their allocations to meet doubtful loans and reduce its investments…

Hossam Mounir

Dollar rise amplifies prices of basic items

CBE decisions are against the interest of citizens, says head of Citizens…

Doaa Farid

Pound’s value drops by 10 piasters against US dollar

The dollar value had been stable for around 100 days

Sara Aggour

Ambiguity surrounds CBE governor’s fate as his term comes to close

Mohamed Barakat, Tarek Amer tipped as potential replacements for Ramez

Hossam Mounir

CBE lost its power to rapidly intervene in foreign exchange market: Pharos

Banks are employing foreign cash deposits by individuals to finance the needs…

Daily News Egypt

Banknote issuance increases to 13.09% of GDP in June: CBE

The rate of banknote issuance reached about 15.06% of GDP in June…

Hossam Mounir