Bloomberg: Egyptian banks bore the brunt of outflows in replay of 2018 exodus
Egypt’s commercial banks provided dollars to investors in March, helping keep the Egyptian pound currency stable…
Browsing Tag
Egypt’s central bank
IMF fully supports Egypt’s aim to safeguard its economic reform gains: Georgieva
The International Monetary Fund (IMF) “fully supports” Egypt’s aim to safeguard the significant gains made under…
Egypt’s central bank to raise cash withdrawal limit during Ramadan
Egypt’s central bank will raise the daily limit of cash that can be withdrawn from ATMs to 20,000 Egyptian pounds…
Egypt’s central bank keeps key interest rates steady
Egypt’s central bank has on Thursday kept its main interest rates steady, saying the previous rate cut two week ago…
Egypt’s central bank tells banks to slash interest on dollar deposits
Egypt’s central bank has told commercial banks to cut interest on dollar deposits to 1 percent above the London…
Egypt can neutralise coronavirus impact on economy; says central bank governor
Egypt’s central bank is capable of shielding the country’s economy from the impact of the coronavirus, its governor…
Remittances from expatriate Egyptians climb 5.0% in 2019 – c.bank
Egypt received $26.8 billion in remittances from Egyptians living abroad in 2019, around 5.0 percent up from $25.5…
Egypt’s central bank cuts interest rates by 3% to buffer economy from coronavirus
Egypt’s central bank cut its main interest rates by 3 percent on Monday as a “preemptive” move to support the…
Egypt’s net foreign reserves grow to $45.5 billion February-end: c.bank
Egypt’s net foreign reserves increased to $45.509 billion at the end of February from $45.457 billion at the end of…
Egypt central bank keeps key interest rates unchanged
Egypt’s central bank decided on Thursday to keep its key interest rates steady.
