Tag: Central bank of Egypt (CBE)

Egypt’s foreign reserves lose $1.76bn in September

International reserves record lowest level in 1.5 years

Hossam Mounir Hossam Mounir

UAB conference on role of financial inclusion in promoting stability starts

The conference, hosted in Sharm El-Sheikh, is being held in cooperation with…

Hossam Mounir Hossam Mounir

CBE determined to eliminate parallel currency market, make speculators incur heavy losses: Ramez

The bank is able to face all challenges in spite of unfavourable…

Hossam Mounir Hossam Mounir

CBE’s policies limiting hard currency cash deposits leads to disaster: Exporters, importers

There is large exit for local investments from market because of production…

Shaimaa Al-Aees Shaimaa Al-Aees

Egyptian foreign reserves down more than $1.5bn, at $18.5bn

Government has to pay $250m in September as dues of bonds issued…

Doaa Farid Doaa Farid

CBE stabilises US dollar against Egyptian pound for 4th consecutive time

Dollar price stabilises between EGP 7.78 and EGP 7.83 at banks, and…

Hossam Mounir Hossam Mounir

EGPC, Suez Canal, CBE have EGP 35bn tax arrears: Tax Authority Head

Matar says amount to be collected within current fiscal year

Daily News Egypt Daily News Egypt

Domestic liquidity rises by over EGP 1bn

The figures show that domestic liquidity now registers EGP 1.109bn (7.3%) during…

Daily News Egypt Daily News Egypt

Central Bank of Egypt cuts key CBE rates by 50 basis points

CBE explained that it has reduced its overnight deposit rate, overnight lending…

Daily News Egypt Daily News Egypt

July’s CAPMAS inflation rate 0.18% higher than original figure

Annual urban consumer inflation amended to 11.04% instead of 10.61% in July

Doaa Farid Doaa Farid