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…
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Egyptian Pound
Dollar Hits EGP 6.56 On Central Bank’s 9th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Sunday, the ninth such sale since it introduced…
Egypt’s New Central Bank Chief Says Not Worried About Currency
Egypt's newly named central bank chief sought to reassure investors on Thursday there was no need to be worried…
Egypt Names A New Central Bank Governor Amid An Economic Crunch
Egypt’s president on Thursday named a new head for the country’s central bank, after the resignation of the…
Dollar Hits EGP 6.54 On CBE’s 8th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Thursday, the eighth such sale since it…
EGX Losses EGP 1.4 Bln, Benchmark Opens Below 5840 Pts On Foreign Sellers
During Thursday’s opening session, the Egyptian Exchange (EGX) has posted losses of EGP 1.4 billion.The capital…
EGX 30 Ends Wednesday’s Transactions Above 5866 Pts
The Egyptian Exchange (EGX) has pared its early gains during Wednesday’s closing session to eventually reach EGP…
Egypt Parliamentary Election Seen In April: Officials
Egypt, battered by political turmoil and an economic crisis that has sent the local currency tumbling, will hold a…
CBE Reduces Amount Offered At Dollar Auction To US$ 50 Mln
The Central Bank of Egypt (CBE) offered US$50 million to banks at a foreign currency auction on Wednesday,…
EGX 30 Climbs 1.23%, Ends Above 5800 Pts Backed By Arab Buyers
The Egyptian Exchange (EGX) has doubled its early gains to EGP 2.31billion during Tuesday’s closing session. The…
