Tag: Central Bank of Egypt

Egypt’s foreign debt in FY 2015/2016 increases by $7.7bn: CBE

The CBE announced on its website that the size of foreign debt…

Hossam Mounir

Prime Minister reveals source of additional $3bn in foreign exchange reserves in September

Egypt received $2bn from Saudi Arabia and $1bn from the World Bank

Hossam Mounir

CBE fixes pound’s price against US dollar on Tuesday, market still awaiting devaluation

Possibility of launching exceptional auction completed ruled out for now, as the…

Hossam Mounir

Inflation down to 1.3% in September, compared to 1.9% in August: CAPMAS

The annual inflation rate in September changed to 14.6%, compared to 16.4%…

Hossam Mounir

Making currency exchange price more flexible is essential part of government’s programme: IMF

Egypt pledged to obtain half of bilateral funds and negotiations are ongoing,…

Daily News Egypt

Government plans to borrow EGP 324.5bn in Q2 of FY 2016/2017

Launch of treasury bills tenders for EGP 300.25bn, bonds worth EGP 24.25bn…

Hossam Mounir

CBE ends week without changing price of the Egyptian pound

The Central Bank of Egypt also did not hold an exceptional auction…

Hossam Mounir

CBE pledges to provide US dollars to import basic commodities for 6 months

The money will be used to import 200,000 tonnes of oil, 60,000…

Mohamed Ayyad

Contrary to market expectations, CBE fixes US dollar price in its regular auction

The bank directed the auctioned US dollar to cover imports of pharmaceutical…

Hossam Mounir