Egypt Central Offers Banks US$40 Mln At FX Auction
The Central Bank of Egypt (CBE) has offered its last offering for this week US$ 40 million to local banks on…
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Central Bank of Egypt
Egypt Offers Banks US$40 Million At FX Auction
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Wednesday at its 48th FX Auction and…
US Dollar Falls To EGP 7.30 In Black Market
During the morning trading, the US dollar’s exchange rate has steadied against the Egyptian pound at EGP 6.88 for…
CBE Asks For EGP 18 Bln At Deposit Auction
The Central Bank of Egypt (CBE) offered to take EGP 18 billion (US$ 2.61 billion) worth of seven-day deposits at a…
CBE Suspends Granting New Islamic Banking Licenses In 2013
The Central Bank of Egypt (CBE) will not grant Islamic banking licenses in the meantime amid the low growth rates…
CBE Receives No Official Offers For Acquisition Of Banks
The Central Bank of Egypt (CBE) has not received any official offers for acquiring any bank in Egypt including…
Egypt’s Govt. Banks Apply Basel II Standards By Next June
All local banks in Egypt will apply Basel II standards before the end of next June, said Gamal Negm, sub-governor…
US Dollar Hits 10-Year High Against Egypt Pound In Week
The trading on the US dollar has ended last week reporting a 10-year high against the Egyptian pound to reach EGP…
US Dollar Soars To EGP 6.90, Yen Falls: NBE
On Thursday, the US dollar’s exchange rate against the Egyptian pound has surged to EGP 6.8711 for buying and EGP…
CBE Totally Independent From Govt.: Hisham Ramez
The Central Bank of Egypt (CBE) is completely independent from the government and its main goals are keeping the…
