forex news Currency Black Market Shows Limits of Egypt’s Recovery Yomna Yasser Feb 5, 2014 0 Egypt's central bank has taken extraordinary steps to prop up its currency and curb a black market in foreign…
Banks CBE Requests EGP60 bln from Banks at 27th Deposit Operations Auction Yomna Yasser Feb 4, 2014 0 Egypt’s Central Bank (CBE) is requesting around 60 billion Egyptian pounds of domestic surplus liquidity from local…
Banks Egypt Leaves Interest Rates on Hold– CBE Yomna Yasser Jan 17, 2014 0 Egypt's central bank kept its official interest rates on hold as expected at a monetary policy committee meeting on…
Banks Egypt Renews Money Transfer Restrictions for Individuals at USD100k Maximum Yomna Yasser Jan 7, 2014 0 Egypt’s Central Bank has renewed its decree imposed in 2013 concerning allowing any money transfers on condition of…
Industry & Trade CBE: Egypt to Pay $1 Bln to Foreign Oil Firms Monday Yomna Yasser Dec 23, 2013 0 Egypt's central bank has delivered $1 billion to the Ministry of Petroleum to repay on Monday part of the state's…
Banks Egypt Central Bank Keeps Rates on Hold Amid Sluggish Growth Yomna Yasser Nov 2, 2013 0 Egypt's Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government strives to…
Banks Egypt Expected to Keep Rates Steady As Inflation Picks up Yomna Yasser Oct 30, 2013 0 Egypt's central bank is likely to keep interest rates on hold at a meeting on Thursday, a Reuters survey shows, so…
Banks Egypt Returns US$2 bln to Qatar As Talks to Securitise Failed Yomna Yasser Sep 19, 2013 0 Egypt has returned to Qatar $2 billion that the Gulf state had deposited with Egypt's central bank (CBE), after…
Banks Egypt Central Bank Delays Repo, Deposit Operations for 7th Week Yomna Yasser Sep 17, 2013 0 For the seventh week in a row, Egypt's Central Bank (CBE) decides to postpone offering its repurchase agreements…
Financial Institutions Egypt Default Risk Falls to Lowest Since May as Gulf Aid Flows Yomna Yasser Sep 13, 2013 0 Egypt’s default risk dropped to the lowest level in more than three months as the central bank governor said the…