Egypt’s Central Bank Meets With Banks’ Chairmen To Discuss FATCA Law
The Central Bank of Egypt (CBE) has started its meeting with chairmen of banks and officials of compliance…
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CBE
US Dollar Knocking On Doors Of EGP 7
The US currency has set all-time record against the Egyptian pound on Monday, nearing 7 Egyptian pounds level in…
CBE Offers US$ 40 Mln At The Week’s 1st FX Auction
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Monday at its 56th FX auction and the…
Egypt Receives $3 Bln Qatari deposit At 3.5%: Official
Egypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up…
CBE Kept Interest Rates Unchanged On Low GDP, Retreating Investment Rates
The Central Bank of Egypt’s (CBE) Monetary Policy Committee has left overnight deposit and lending rates unchanged…
US Dollar Inches Higher On Egyptian Central Bank’s 55th FX Auction
The US dollar’s price against the Egyptian pound increased by a half piaster on Thursday in banks to reach EGP…
Egypt’s Central Bank Offers US$ 40 Mln At Last FX Auction This Week
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks at its 55th FX auction and the 39th…
Bankers Expect CBE To Keep Interest Rates Unchanged Today
The Central Bank of Egypt’s (CBE) Monetary Policy Committee is expected to leave overnight deposit and lending…
Egypt’s Foreign Reserves Rose US$ 1 Bln In April On Libyan Deposit
Egypt’s foreign reserves surged about US$ one billion to reach US$ 14.4 billion at the end of last April, compared…
CBE Offers US$ 40 Mln At 1st FX Auction This Week
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Wednesday at its 54th FX auction and…