With New Central Bank Leadership, Egypt Repays Foreign Investors
Egypt's central bank changed the way it allocated dollars at a foreign exchange auction on Tuesday and sought to…
Browsing Tag
central bank
Fed to take up ‘too big to fail’ emergency lending curb
The Federal Reserve Board will consider on Monday a proposal to curb its emergency lending powers, a change…
Yields on Egyptian treasury bills mixed at auction
Yields on Egypt's nine-month treasury bills dropped marginally while yields on three-month bills rose slightly at…
Egypt’s pound steady at auction and on parallel market
Egypt's central bank kept the pound steady at 7.7301 to the dollar at its official foreign currency auction…
Central Bank Promises To Provide $4 Bln To Industrial Sector In 2 Weeks
Mohamed al-Suwaidi, head of the Federation of Industries, said Tarek Amer, the new central bank governor, has…
Egypt Central bank chief appoints caretaker governor for the rest of his term
Central Bank of Egypt (CBE) Governor Hisham Ramez appointed deputy governor Gamal Negm to serve as caretaker…
Egypt foreign reserves slightly up to $16.415 bln in October
Egypt's foreign currency reserves inched up to $16.415 billion in October from $16.335 billion the previous month,…
Egypt’s Economic Woes Persist Beyond Monetary Measures
As Egypt changes its monetary policy leader, the country’s economic woes persist at a time when the global economy…
Banking leaders hail Amer’s appointment as right step
Banking leaders were in agreement that Tarek Amer was the best candidate for Governor of the Central Bank of Egypt…
Egypt’s foreign reserves drop to $16.335bn at end-September
Egypt's foreign currency reserves edged lower to US$16.335 billion at the end of September from $18.096 billion the…