Egypt Shares End Week Higher on FX Reserves’ Surge
Egypt’s bourse ended week higher with gains totaled 3.8 Egyptian pounds triggered by local and foreign buying…
Browsing Tag
foreign cash reserves
C. Bank Offers Its Last FX Auction of this Week with US$40 mln
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
Egypt’s Foreign Reserves Rose US$ 1 Bln In April On Libyan Deposit
Egypt’s foreign reserves surged about US$ one billion to reach US$ 14.4 billion at the end of last April, compared…
Egypt’s Foreign Reserves Fell To US$ 13.6 Bln, Registering Record Since 1990s
Egypt’s foreign reserves retreated to US$ 13.613 billion at the end of last January, compared with US$ 15.014…
US$12.8 Bln Foreign Investments Flee Egypt In 2011, 2012: CBE
The Central Bank of Egypt (CBE) stated that foreign investors divested US$ 12.839 billion from the Egyptian market…
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…
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 To Start Foreign Exchange Auctions As Reserves Plunge
The Central Bank of Egypt (CBE) will start foreign-exchange auctions today in order to preserve foreign reserves…
Worried Egypt Slaps New Controls On travelling With Cash
Egypt has banned travellers from carrying more than $10,000 in foreign currency in or out of the country, as…
Referendum Initial Results; Short-Term Positive Outlook For EGX: Experts
A number of capital market experts expects that the constitutional referendum initial results will have a…
