CBE stabilises US dollar exchange rate, confuses dollar holders once again
The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in…
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Dollar shortage caused an inflationary recession in Egyptian local market
The US dollar shortage has stimulated price hikes in the Egyptian market, creating poor economic conditions that…
Egypt’s central bank examines 4 scenarios for EGP future against dollar
The Central Bank of Egypt (CBE) is looking into four scenarios for the future of the Egyptian pound against the…
Banks pay no heed to CBE’s interest rate increase
Even though it has been two weeks since the Central Bank of Egypt (CBE) lifted its main interest rates by 1%,…
CBE Deputy Governor explains dollar cap increase to reguators
Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations and…
