Egypt Receives $3 Bln Qatari deposit At 3.5%: Official
Egypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up…
Browsing Tag
Central Bank of Egypt
US Dollar Hits 9-Year High Against Egypt Pound In Week
The trading on the US dollar has ended last week reporting a 9-year high against the Egyptian pound to reach EGP…
CBE Kept Interest Rates Unchanged On Low GDP, Retreating Investment Rates
The Central Bank of Egypt’s (CBE) Monetary Policy Committee has left overnight deposit and lending rates unchanged…
Egypt’s Central Bank Offers US$ 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…
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…
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 Seeks To Raise Foreign Reserves To US$22 Bln By June, 2014
The Egyptian government plans to increase foreign reserves to US$ 22 billion by the end of the next fiscal year.…
