CBE Reveals Foreign Currency Funds’ Usages In 2011, 2012
The Central Bank of Egypt (CBE) revealed the uses of the foreign currency funds allocated by the government for…
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Egypt’s foreign reserves
Fitch Cuts Egypt’s Long-Term Foreign Currency Issuer Default Rating
Fitch Ratings has downgraded Egypt's Long-term foreign and local currency Issuer Default Ratings (IDRs) to 'B' from…
Al Baraka Bank Launches New Deposit Account Scheme To Attract Dollar Liquidity
Al Baraka Bank of Egypt is set to launch a new savings pool to encourage individuals to transfer their dollar funds…
CBE Offers US$ 75 Mln To Local Banks On Tuesday FX Auction
The Central Bank of Egypt (CBE) offers US$ 75 million to local banks on Tuesday at its 13th FX auction, with a…
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…
CBE Offers US$ 75 Mln To Local Banks On Sunday FX Auction
The Central Bank of Egypt (CBE) offered US$75 million to local banks at foreign currency auction on Sunday,…
CBE Offers US$50 Mln To Local Banks At Thursday FX Auction
The Central Bank of Egypt (CBE) offered US$50 million to local banks at foreign currency auction on Thursday,…
CBE Reduces Amount Offered At Dollar Auction To US$ 50 Mln
The Central Bank of Egypt (CBE) offered US$50 million to banks at a foreign currency auction on Wednesday,…
CBE Offers US$60 Mln At Tuesday FX Auction
The Central Bank of Egypt (CBE) offered US$60 million to banks at a foreign currency auction on Tuesday. CBE…
Egypt Reserves Steady, Despite “Critical” Warning
Egypt's central bank said on Sunday its foreign reserves were barely changed in December, despite alarming…