Egypt’s CBE auctions EGP 52b in T-bills
The Central Bank of Egypt (CBE) is offering 52 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
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Egyptian Pound
Egypt’s c. bank issues EGP 72b in T-bills
The Central Bank of Egypt (CBE) is offering 72 billion Egyptian pounds in treasury bills (T-bills) on Sunday, in…
Egypt’s CBE issues $1.5b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is auctioning on Monday…
Egypt PM dismisses rumours of IMF-recommended currency float
The Egyptian government has categorically denied recent rumors suggesting that the International Monetary Fund…
Foreign investors pour EGP 1.772t into Egyptian T-Bills
Foreign investors increased their holdings of Egyptian Treasury bills in May, reaching 1.772 trillion Egyptian…
Egyptian pound undervalued by 56% – Big Mac Index shows
The Big Mac Index indicated that the Egyptian Pound is undervalued against the dollar.
Egypt’s growth outlook cut to 4% – poll
Egypt's economic growth is expected to be lower than earlier anticipated this year, as per a Reuters poll released…
Egypt narrows budget deficit to EGP 505b in FY23/24
Egypt's total budget deficit for fiscal year 2023/24 decreased to 505 billion Egyptian pounds ($10.5 billion).
EGP slightly down against USD at Wednesday’s close – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EGP nudges down in early Sunday Trade
The Egyptian Pound (EGP) nudged down against the US Dollar (USD) at the start of trading on Sunday, June 9, 2024.
