Banks Egypt Reserves Steady, Despite “Critical” Warning Yomna Yasser Jan 7, 2013 0 Egypt's central bank said on Sunday its foreign reserves were barely changed in December, despite alarming…
Banks Egypt’s Foreign Reserves Fell US$ 21 Mln In December 2012 Administrator Jan 6, 2013 0 Egypt’s foreign cash reserves dropped US$ 21 million to reach US$ 15.014 billion at the end of last December,…
forex news Egypt Pound’s Decline Slows At 4th Auction Administrator Jan 4, 2013 0 Egypt's pound slid further on Thursday at the central bank's fourth auction of foreign currency and hit a new…
forex news Fitch Says Egypt’s New FX Regime Positive Step In Tough Circumstances Yomna Yasser Jan 3, 2013 0 Fitch Ratings stated in a report issued on Thursday that Egypt's new exchange rate regime has brought greater…
Banks Egyptian Banking Sector To Implement Basel II By Next June Administrator Jan 2, 2013 0 All Egyptian banks will apply Basel II standards during the first half of 2013, said an official source at the…
forex news Decline Of Egyptian Pound Vs. USD Transient – Spokesman Yomna Yasser Jan 2, 2013 0 Egyptian Presidential Spokesman Dr. Yasser Ali said Tuesday the decline of the EGP versus the USD, though…
forex news Tarek Amer: FX Auctions To Give More Freedom To Egyptian Pound Pricing Yomna Yasser Dec 31, 2012 0 Tarek Amer, Chairman of National Bank of Egypt (NBE) and President of Egypt Banks Union, has commended the new…
Banks CBE Offers US$75 Mln At 2nd Currency Auction Administrator Dec 31, 2012 0 The Central Bank of Egypt (CBE) said it was offering to sell $75 million to banks on Monday at its second foreign…
forex news Egypt’s Prime Minister Says Govt Not To Float Currency Yomna Yasser Dec 30, 2012 0 Egypt’s Prime Minister Hisham Kandil said the government is not planning to float the Egyptian pound amid the…
Banks Egypt Offers Banks US$75 Mln At Maiden Foreign Currency Auction Administrator Dec 30, 2012 0 The Central Bank of Egypt (CBE) said it was offering $75 million at its first foreign currency auction on Sunday,…