Egypt’s Central Bank Accepts EGP 13 Bln At 5th Deposit Auction
The Central Bank of Egypt (CBE) has accepted EGP 13 billion worth of seven-day deposits at a fixed interest rate of…
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CBE Allocates US$ 600 Mln For Basic Goods In Ramadan
The Central Bank of Egypt (CBE) has reached an agreement with the Federation of Egyptian Chambers of Commerce to…
Egypt’s Central Bank Offers US$ 40 Mln At Thursday’s FX Auction
The Central Bank of Egypt (CBE) offers today US$ 40 million to local banks at its 53rd FX auction and the 37th one…
US Dollar Climbs Against Egypt Pound 2.27% In April
In April, the US dollar’s price surged against the Egyptian pound in banks and forex firms by 2.27% to hit EGP…
Hisham Ramez Heads To London
The Governor of the Central Bank of Egypt, Hisham Ramez, has left for London today morning. He had earlier stated…
Egypt’s Central Bank Accepts EGP 18 Bln Deposits On Tuesday
The Central Bank of Egypt (CBE) has accepted EGP 18 billion worth of seven-day deposits at a fixed interest rate of…
Egypt’s Central Bank Offers US$ 40 Mln At Monday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million on Monday to local banks at its 52nd FX auction and the 36th…
Egyptian Banks Won’t Go Through Cyprus Banking Experience; CBE Governor Affirms
The Egyptian banking sector is one of the strongest sectors in the country as it successfully overcame the latest…
Egypt Seeks US$ 2.5 Bln Qatari Deposit At 4.25% Interest Rate: Ramez
The interest rate on the US$ 2.5 billion 18-month Qatari deposit that will be injected to the Central Bank of Egypt…
Arab Aids Support Economy In Short Term, IMF Loan A Must: CBE Governor
Despite securing loans and deposits from a number of Arab countries, getting the US$ 4.8 billion loan from the…