Egypt Strengthens Currency Amid Disruptive Dollar Shortage
Egypt's central bank strengthened the pound on Wednesday for the first time since 2013, injecting dollars into a…
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Egypt’s central bank
Central Bank of Egypt records $3bn in net profits at end-June
Egypt’s central bank (CBE) said net profit grew 0.2 percent to 23.866 billion Egyptian pounds (US$3 billion) in the…
Egypt central bank keeps interest rates ‘on hold’ in October
Egypt’s central bank (CBE) decided to keep interest rates unchanged after the bank's Monetary Policy Committee met…
Central bank of Egypt seen keeping key rates on hold- poll
Egypt's central bank is expected to hold interest rates Thursday as it balances the need to control inflation with…
Can Egypt’s new central bank chief calm currency crisis?
When Egypt’s central bank governor Hisham Ramez quit, phones began ringing as bankers congratulated each other on…
Egypt approves foreign currency deposits of export revenues from 6 states
Egypt’s central bank has issued instructions to all banks to accept cash deposits in foreign currency from export…
BREAKING: Egypt’s Sisi names Tarek Amer as new central bank chief
Egyptian President Abdel Fattah al-Sisi has named Tarek Amer, former chairman of the country’s biggest state bank,…
Egypt central bank weakens local currency to 7.83 pounds to dollar
Egypt's central bank has allowed the Egyptian pound to weaken in its latest dollar auction to 7.83 per dollar from…
Egypt central bank keeps key interest rates ‘unchanged’
Egypt's central bank kept its benchmark interest rates unchanged at a monetary policy committee meeting Thursday, a…
Egypt delegates central bank official to join AfDB’s ALSF
Egypt’s central bank delegates one of its cadres to join the African Legal Support Facility (ALSF), official…