Tag: foreign exchange

Gold value increases to $2.45bn in foreign exchange reserves by late January 2017

A report published by the CBE on Sunday revealed that foreign exchange…

Hossam Mounir Hossam Mounir

We repatriate Air France’s money in return for bearing foreign exchange gap: country manager

‘The company operates its brand new Boeing 787 to Cairo with 6…

Aisha Zidane Aisha Zidane

Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation

Banks operating in the local market have begun to ease restrictions set…

Hossam Mounir Hossam Mounir

Former Police Club manager released following interrogation over EGP 25 bribe

No evidence of corruption could be found against him, says lawyer

Leena ElDeeb Leena ElDeeb

Health sector requires $2.6bn annually from foreign exchange: Prime Minister

Pharmaceutical factories must continue to work at full capacity to cover local…

Daily News Egypt Daily News Egypt

$26m increase in CBE’s foreign exchange reserves in June

The value of gold included in the reserves increased to $2.602bn in…

Hossam Mounir Hossam Mounir

CBE to reveal its foreign exchange reserves this week

Debt repayment to Qatar and Paris Club countries is likely to impact…

Hossam Mounir Hossam Mounir

Foreign aid, loans kept foreign exchange reserves cohesive under Muslim Brotherhood and Al-Sisi

The Egyptian pound lost 16% of its value against the US dollar…

Hossam Mounir Hossam Mounir

$510m increase in Egypt’s foreign exchange reserves in May: CBE

The Central Bank of Egypt (CBE) announced that foreign reserves increased by…

Hossam Mounir Hossam Mounir

Head of IMF Mission to Egypt urges for measures to reduce budget deficit

External debt is within safe limits and can be managed, but local…

Mustafa Sakr Mustafa Sakr