CBE Offers US$ 75 Mln To Local Banks On Sunday FX Auction
The Central Bank of Egypt (CBE) offered US$75 million to local banks at foreign currency auction on Sunday,…
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Central Bank of Egypt
CBE Offers US$50 Mln To Local Banks At Thursday FX Auction
The Central Bank of Egypt (CBE) offered US$50 million to local banks at foreign currency auction on Thursday,…
Egypt: Qatar Pumps In 5 Blns Of Dollars To Sustain Economy
Egyptian Prime Minister Hisham Kandil said on Tuesday that there is a joint political will between Egypt and Qatar…
CBE Offers US$60 Mln At Tuesday FX Auction
The Central Bank of Egypt (CBE) offered US$60 million to banks at a foreign currency auction on Tuesday. CBE…
Egypt’s Foreign Reserves Fell US$ 21 Mln In December 2012
Egypt’s foreign cash reserves dropped US$ 21 million to reach US$ 15.014 billion at the end of last December,…
Egypt Pound’s Decline Slows At 4th Auction
Egypt's pound slid further on Thursday at the central bank's fourth auction of foreign currency and hit a new…
Fitch Says Egypt’s New FX Regime Positive Step In Tough Circumstances
Fitch Ratings stated in a report issued on Thursday that Egypt's new exchange rate regime has brought greater…
Egyptian Banking Sector To Implement Basel II By Next June
All Egyptian banks will apply Basel II standards during the first half of 2013, said an official source at the…
IMF Says Welcomes Egypt’s Effort To Safeguard Reserves
The International Monetary Fund said on Monday it welcomed steps that Egypt has taken to stop a drain on its…
CBE Offers US$75 Mln At 2nd Currency Auction
The Central Bank of Egypt (CBE) said it was offering to sell $75 million to banks on Monday at its second foreign…
