Tag: Central Bank of Egypt

Suspension of Gulf aid behind $600m drop in foreign reserves in June: Experts

Foreign reserves register the lowest level since the ouster of former president…

Doaa Farid

Central Bank of Egypt establishes ‘Long Live Egypt Fund’ to support economy

Fund will use account number 037037 in reference to the date of…

Daily News Egypt

Egypt to offer $600m in dollar-denominated treasury bills

Eligible subscribers from local and foreign banks will access t-bill, CBE says

Doaa Farid

Restored confidence in Egypt’s economy to improve currency exchange rate: CBE

Deputy Governor of Central Bank says stimulating national economy, working on bank…

Daily News Egypt

Foreign reserves fall $200m

International foreign currency reserves record $17.28bn in May, down from $17.48bn in…

Doaa Farid

Domestic public debt rises to 83.3% of GDP in first quarter of 2014: CBE

Central bank reports estimates net external debt rose by 5.8%, as a…

Daily News Egypt

Egyptian pound continues to depreciate against US dollar

The value of $1 stands at EGP 7.16 on 22 May, compared…

Doaa Farid

Bank of America expects continued EGP depreciation

EGP value against dollar slumps after CBE’s foreign exchange auction to record…

Doaa Farid

CBE sells $1.1bn to banks in ‘exceptional auction’

Banks are required to apply with the amount of US dollars needed…

Doaa Farid

MENA monetary policy is expansionary and will remain so: Emirates NBD

Egypt’s credit grew 20.7% year on year in January

Daily News Egypt