Tag: The Central Bank of Egypt

CBE offers treasury bills worth $700m

New tender to be issued for payment of old bills offered in…

Hossam Mounir Hossam Mounir

CBE reprints EGP 1 banknotes to face small change shortage

The new EGP 1 banknotes will be signed by Governor of the…

Hossam Mounir Hossam Mounir

CBE rejects parliamentary Industry Committee’s request to allocate 25% of monthly surplus

Minister of Investment pledged to present the ministry's work programme to the…

CBE sets new regulations for marketing banking products at gatherings, conferences

The CBE’s approval is required for delegates to market their products, says…

Hossam Mounir Hossam Mounir

CBE to present 3-month report of SME financing initiative to parliament

The financing initiative does not include micro-projects and Negm did not give…

CBE provides banks with $118.7m in weekly auction

The CBE sold US dollars at a fixed price of EGP 9.78.…

Hossam Mounir Hossam Mounir

Egypt’s foreign exchange reserves gain $450m in April: CBE

It explained in a statement on its website that the reserves increased…

Hossam Mounir Hossam Mounir

CBE grants banks $118.7m, returns to quota in Tuesday’s auction

Banks were granted this amount at a price of EGP8.78 to the…

Hossam Mounir Hossam Mounir

CBE poised to lift interest on pound

The Monetary Policy Committee is holding its third meeting this year on…

Hossam Mounir Hossam Mounir

CBE revises mechanism of US dollar allocation

The CBE allocated $120m to banks on Tuesday to finance the import…

Hossam Mounir Hossam Mounir