Banks Egypt’s central bank sells $104.5mn at regular foreign currency auction Tuesday Yomna Yasser Mar 22, 2016 0 Egypt's central bank has kept the pound stable at 8.78 per dollar at its regular foreign currency auction Tuesday…
Banks Yields on Egypt’s Tbond jump after rate hike aya salah Mar 22, 2016 0 Yields on Egypt's 1.5-year zero coupon, 3-year and 7-year bonds jumped aggressively at an auction on Monday after…
Banks 3 state banks raise rates on deposits after Egypt c.bank move Yomna Yasser Mar 21, 2016 0 Three state banks have raised prices on returns, in response to the Central Bank of Egypt’s (CBE) decision to raise…
Financial Institutions Fitch says Egypt pound devaluation ‘credit positive’, economic challenges remain Yomna Yasser Mar 21, 2016 0 Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly…
forex news JP Morgan sees devaluation of Egyptian Pound by 35% in 2016 Yomna Yasser Mar 19, 2016 0 US-based financial services firm, JP Morgan forecasts that the Egyptian pound will be devalued by 35 percent in…
Financial Institutions Moody’s describes Pound devaluation as credit positive for Egypt aya salah Mar 19, 2016 0 The recent decision by the Central Bank of Egypt (CBE) to adopt a flexible exchange rate has been remarked as…
Banks CBE strengthens pound against dollar aya salah Mar 17, 2016 0 The Egyptian pound was strengthened against the US dollar at an exceptional auction held by the Central Bank of…
Egypt News CBE offering $1.5 bln at auction to eliminate black market aya salah Mar 16, 2016 0 The Central Bank of Egypt (CBE) will offer on Wednesday to sell $1.5 billion in an exceptional auction to banks so…
Banks Economists hail Egyptian Pound devaluation, flexible exchange rate aya salah Mar 15, 2016 0 Economists and bankers have welcomed the Central Bank of Egypt's decision to adopt a more flexible exchange rate…
Banks Egypt central bank partially devalues Egyptian pound to 8.85 per dollar Yomna Yasser Mar 14, 2016 0 Egypt's central bank has partially depreciated the Egyptian pound to 8.85 per dollar from 7.73 in an exceptional…