Tag: CBE

Egypt’s interest rates expected to remain unchanged for 5th consecutive CBE meeting

Urban inflation may rise gradually from 4.1% on an annual basis in…

Hossam Mounir

Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE

11% annual increase in remittances during March 2021 only

Hossam Mounir

Egypt’s gold reserves climb $281m in May: CBE

Net international reserves increase to $40.468bn in May

Hossam Mounir

CBE amends 2 initiatives supporting Egypt’s tourism industry

Initiatives aimed at financing replacement, renewal of hotels and transport fleets, payment…

Hossam Mounir

Egypt’s annual headline urban inflation declines to 4.1% in April 2021: CBE

Monthly headline urban inflation registers 0.9% in April 2021

Hossam Mounir

Financial position of banks in Egypt increases to EGP 7.3trn in February: CBE

Foreign investments in Egypt’s T-bills amount to EGP 313.68bn in March 2021

Hossam Mounir

Global economic stability continues with varying rates of recovery amid COVID-19: CBE

Egypt’s CDS spreads remain relatively low compared to most peers with similar…

Hossam Mounir

Egypt’s gold reserves climb $194m during April: CBE

Net international reserves increase to $40.343bn in April

Hossam Mounir

Egypt sees EGP 104.191bn increase in local currency bank deposits during March 2021: CBE

Foreign currency deposits see stability, while volume of foreign assets at CBE…

Hossam Mounir

CBE to review interest rates amid strong expectations of no change

Bank maintains, on 18 March, its basic interest rates for third consecutive…

Hossam Mounir