Banks Egypt’s Foreign Reserves Fell To US$ 13.6 Bln, Registering Record Since 1990s Administrator Feb 5, 2013 0 Egypt’s foreign reserves retreated to US$ 13.613 billion at the end of last January, compared with US$ 15.014…
forex news Dollar Falls To EGP6.73 Amid Expectations To Replace FX Auctions Mechanism: NBE Yomna Yasser Feb 4, 2013 0 As Hisham Ramez has officially become the new Governor of Egyptian Central Bank, the U.S. dollar has dropped…
Banks Egypt’s Central Bank Agrees To Sell Both BNP Paribas And NSGB Yomna Yasser Feb 4, 2013 0 An official involved in the BNP Paribas deal stated that the CBE had agreed in a meeting with its Board of…
Banks CBE Delays 17th FX Auction Once Again After Hisham Ramez’s Appointment Administrator Feb 4, 2013 0 The Central Bank of Egypt (CBE) has delayed its 17th FX auction on Monday for the second consecutive time, on the…
Banks Egypt Offers 5-, 7- Year T-Bonds Worth 2 Bln On Monday Administrator Feb 4, 2013 0 The Egyptian Ministry of Finance offers 5- and 7- year T-bonds each worth EGP 1 billion on Monday. The Ministry…
Banks CBE: Banks’ Net Profits Hit EGP 14 Bln In 2012 Administrator Feb 3, 2013 0 The Central Bank of Egypt (CBE) stated that banks’ net profits surged 600% to reach EGP 14 billion at the end of…
Banks Egypt Sells 91-, 266-Day T-Bills Worth EGP 4.5 Bln Administrator Feb 3, 2013 0 The Egyptian Ministry of Finance sold on Sunday 91- and 266-day T-bills worth EGP 4.5 billion. The Ministry offered…
Banks Today’s FX Auction Delayed To Monday On Hisham Ramez’s 1st Day At CBE Administrator Feb 3, 2013 0 The Central Bank of Egypt (CBE) delayed conducting its FX auction to next Monday after Hisham Ramez assumes the…
Banks Egypt Offers 91-, 266-Day T-Bills Worth EGP 4.5 Bln On Sunday Administrator Feb 2, 2013 0 The Egyptian Ministry of Finance will offer 91- and 266-day T-bills worth EGP 4.5 billion next Sunday. The Ministry…
Banks CBE To Conduct Three FX Auctions This Week: Sources Administrator Feb 2, 2013 0 The Central Bank of Egypt (CBE) will conduct three FX auctions on Sunday, Tuesday and Thursday of this week as…