Egyptian Banking Sector’s Local Liquidity Hit EGP 1.144 Trillion In October 2012
The Central Bank of Egypt (CBE) stated that the local liquidity held by the banking sector rose by EGP 20.3 billion…
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Central Bank of Egypt
CBE Reduces Number Of FX Auctions To Three A Week
The Central Bank of Egypt (CBE) decided to reduce the number of FX auctions to three auctions this week as it…
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,…
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…