CBE Likely To Intervene As Dollar Sets New Record Against Egyptian Pound
The U.S. Dollar is trading on Thursday at the highest levels against the Egyptian Pound in 9 years. The Egyptian…
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CBE
Morsi To Amend CBE’s Statute Within Days
The Egyptian President Mohamed Morsi will issue a presidential decree, after being approved by the Cabinet,…
Egypt’s Inflation Registered Negative Rate Of 0.25% In November
Egypt's core inflation rate set by the Central Bank of Egypt (CBE) registered a negative rate of 0.25% last…
Banks’ Investments In T-Bills Surge 3.65 Bln In September
The Egyptian banking sector's investments in treasury bills rose by EGP 3.65 billion (0.97%) to reach EGP 377.5…
Egypt’s Local Liquidity Rose EGP 30 Bln In Q1
The Central Bank of Egypt (CBE) stated that the local liquidity rose by EGP 29.9 billion (2.7%) to reach EGP 1.12…
Egypt Offers 91-,266-Day T-Bills Worth EGP 5 Bln
The Egyptian Ministry of Finance announced that it has offered EGP 5 billion treasury bills in an auction today.…
Hunger Revolution Looms As Foreign Reserves Drop Sharply: Experts
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035 billion at the end of last November. A…
Egypt’s Foreign Cash Reserves Drop US$448 Mln At End Of November
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035billion at the end of last November,…
CBE Expected To Leave Interest Rates Steady For The Eighth Time
The Monetary Policy Committee at the Central Bank of Egypt (CBE) will hold its regular meeting today to discuss…
CBE Expected To Keep Interest Rates Unchanged On Thursday
A number of banking experts expected the Monetary Policy Committee to leave overnight deposit and lending rates…