The National Bank of Egypt (NBE) has raised 12 billion Egyptian pounds ($518.4 million) from its high-yielding …
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Egypt’s central bank
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Egypt’s central bank aims to double foreign reserves in 4 years – Hassan Abdalla
by Nada Aliby Nada AliEgypt’s central bank aims to rebuild stronger foreign reserves and to be doubled within four years, said …
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BREAKING: IMF, Egypt reach $3 billion staff-level agreement
The International Monetary Fund (IMF) announced on Thursday it had reached with authorities in Egypt a staff-level …
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Egypt to gradually repeal letters of credit system for imports
by Yomna Yasserby Yomna YasserThe Central Bank of Egypt (CBE) announced on Thursday that it would begin the process of gradually …
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BREAKING: Egypt’s central bank liberalises pound currency
by Yomna Yasserby Yomna YasserEgypt’s central bank decided to liberalise the exchange rate of the Egyptian pound, sending directives to the …
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Egypt’s central bank raises key interest rates by 200 bps at exceptional meeting
by Yomna Yasserby Yomna YasserEgypt’s central bank said on Thursday it had hiked interest rates by 200 basis points in an …
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Egypt c.bank governor Hassan Abdalla chairs plenary session of IMF-WBG board of governors
Central Bank of Egypt’s (CBE) Governor Hassan Abdalla will chair on Friday the plenary session of the …
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Egypt’s inflation rate increases by 1.6 percent in September – CAPMAS
by Nada Aliby Nada AliEgypt’s general consumer price inflation (CPI) has reached 133.8 points in September to record an increase of …
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Egypt c.bank to allow new derivatives to build market for currency hedging
Egypt’s central bank will allow new currency derivatives to unlock liquidity in the local market, making available …
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Egypt’s central bank keeps interest rates unchanged for the third time in a row
by Yomna Yasserby Yomna YasserEgypt’s central bank (CBE) has on Thursday kept its key interest rates unchanged for the third time …