CBE sells $551 million in exceptional FX auction
Egypt's central bank (CBE) sold $551 million to banks in an exceptional foreign exchange auction that was hold…
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exceptional auction
Bank of America Expects Continued EGP Depreciation
Bank of America has forecast continued depreciation for the Egyptian pound for the near-term, after the currency…
Foreign Reserves Won’t be Less than US$17 bln by Jan-End: CBE’s Governor
Hisham Ramez, the Governor of the Central Bank of Egypt (CBE) said the foreign reserves reaches US$17 billion at…
US Dollar Further Falls for Second Week against Egypt Pound
In a week, the US dollar’s prices against the Egyptian pound have further fallen by 2 piasters in the official…
CBE Offers Egypt Banks $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its final foreign exchange auction for this week totaled US$ 40…
