US Dollar Stable At EGP 6.74 On Not Offering FX Auctions
As Egypt’s Central Bank has not offered its 21st FX auction, the exchange rate of the U.S. dollar has witnessed…
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Central Bank of Egypt
CBE Offers US$ 40 Mln To Local Banks At Its 20th FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks so as to address dollar shortage at the…
Banks’ Investments In Securities Hit EGP 595.8 Bln At End-Nov. 2012
The Egyptian banking sector’s securities portfolio surged by 2.6% (EGP 15.1 billion), registering EGP 595.8 billion…
CBE Offers Industrial Development Bank EGP 1 Bln Loan To Bridge Provisions Gap
The Industrial Development and Workers Bank of Egypt received a loan worth EGP 1 billion from the Central Bank of…
Egypt’s Foreign Reserves Fell On Paying Debts To Paris Club Member Countries
Egypt’s foreign reserves fell to US$ 13.6 billion last January after paying the half-yearly installment of US$ 700…
CBE Offers US$ 50 Mln To Local Banks At 3rd FX Auction Under Ramez’s Leadership
The Central Bank of Egypt (CBE) has offered US$ 50 million to local banks in its 19th FX auction and the third one…
Local Liquidity Hit EGP 1.147 Trillion End-Nov. 2012: CBE
The Egyptian banking sector’s local liquidity rose by EGP 1.147 trillion at the end of last November, compared with…
Banks’ Investments In T-Bills Rose EGP 11 Bln End-Nov. 2012: CBE
The Egyptian banking sector’s investments in T-bills rose 4.5% (EGP 11.01 billion), registering EGP 254.1 billion…
CBE Offers US$ 50 Mln To Local Banks At 18th FX Auction
The Central Bank of Egypt (CBE) has offered US$ 50 million to local banks in its 18th FX auction so as to address…
Hisham Ramez Calls For Lifting Ban On Traveling With $10,000 To Egypt
The newly-appointed Governor of the Central Bank of Egypt (CBE) Hisham Ramez stated that the economy’s problem is…
