Tag: Central Bank of Egypt

US dollar price varies at banks, CBE on Tuesday

Bankers expect the greenback to change hands at EGP 15-16 for three…

Hossam Mounir

US dollar price falls even further at CBE, banks while EGX profits EGP 9.3bn

The price of the US dollar dropped below EGP 16, with expectations…

Hossam Mounir

CBE instructs banks in some areas to remain closed on 11 November

The CBE’s measure comes as a precaution for violence that may occur…

Hossam Mounir

Will Egypt follow the example of Brazil or Argentina in dealing with the IMF?

Following the implementation of all of the International Monetary Fund’s (IMF) preconditions…

Shaimaa Al-Aees

Pound flotation attracts foreign investors to EGX

Heads of financial institutions contend that these funds are high-risk

DNE
DNE

IMF to decide on fate of Egypt’s $12bn loan Friday: CBE governor

The executive board of the International Monetary Fund (IMF) is set to…

Hossam Mounir

US dollar at customs repriced daily according to average bank rates on day before: ECA

The official price at customs on Tuesday registered EGP 17.26, hitting EGP…

Mohamed Ayyad

Egyptian Automotive Dealers Association halts imports for November

The Egyptian Automotive Dealers Association held a meeting for leading car importers…

Ahmed Dawoud

PBDAC amends its main system after parliament approves law: chairperson

We will immediately begin to communicate with the World Bank to implement…

Hossam Mounir

US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation

Sunday marks the first day of the Egyptian pound’s complete flotation in…

Hossam Mounir