Egypt’s Central Bank Shuts Down 7 Forex Firms On Regulation Violation
Egypt’s Central Bank has shut down 7 foreign exchange firms due to violating the bank’s regulations on the…
Browsing Tag
Egypt’s central bank
US Dollar Inches EGP 0.33 Higher Since CBE’s FX Auctions Launched
The exchange rate of the U.S. dollar has closed at EGP 6.63 (buy price) and EGP 6.70 (sell price) against the…
Egypt Central Bank Will Retain ‘Total Independence”; Newly-Appointed Governor
Egypt’s newly-appointed central bank governor Hisham Ramez said in an exclusive interview with Al Arabiya that the…
QNB Sees Egyptian Central Bank’s Approval For SocGen Takeover In Two Weeks
Qatar National Bank, the Gulf state's largest lender by market value, said on Wednesday it hopes to complete the…
El-Okdah: IMF’s Delegation To Visit Egypt In Two Weeks
The International Monetary Fund’s delegation will be visiting Egypt in two weeks so as to resume the talks over the…
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…
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,…
U.S. Dollar Hits EGP 6.51 Against Pound Driven By CBE’s Auctions
Exchange market experts said the U.S. dollar hiked during Tuesday’s trading by 3 piasters to EGP 6.4819 (buy price)…
Egypt Reserves Steady, Despite “Critical” Warning
Egypt's central bank said on Sunday its foreign reserves were barely changed in December, despite alarming…
