Following deposits’ ceiling, dollar to remain stable until March summit: Officials
CBE placed ceiling deposit of $10,000 per day and $50,000 per month
Dollar records EGP 8 on unofficial market, EGP 7.53 officially
Gap widening between official, unofficial dollar selling despite increasing CBE dollar auctions
Dollar’s unofficial market still precedes official by EGP 0.16
$1 is EGP 7.59 on official market, EGP 7.75 on black market
$1 reaches EGP 7.47 on official selling market
CBE’s Monday dollar auction ended with $1 standing at EGP 7.43
Pound value depreciation continues, dollar reaches EGP 7.34
Dollar’s value increases to EGP 7.38 at NBE and Banque Misr
Oil diminishes interest rates
By Ahmed El-Wahsh Central Bank of Egypt (CBE) director, Hisham Ramez took…
Falling EGP confirms Central Bank’s optimism, ensures foreign investors: DCode Consulting
On Thursday, the CBE’s Monetary Policy Committee lowered the interest rate for…
Gamal Negm addresses concerns over mass resignations of banking heads
More than 150 banking leaders submitted their resignations in recent days in…