banks

Erdogan sacks Turkey central bank governor amid rate tensions
Middle East

Erdogan sacks Turkey central bank governor amid rate tensions

President Recep Tayyip Erdogan has sacked the governor of Turkey’s central bank and replaced him with his deputy, a presidential…
Dollar price continues to decline
Business

Dollar price continues to decline

The dollar price continued its decline in the local exchange market against the Egyptian pound on Wednesday after stabilizing since…
Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE
Egypt

Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE

The Central Bank of Egypt (CBE) has decided to suspend work in their local and foreign banks on June 30…
US dollar rates decline against Egyptian pound
Business

US dollar rates decline against Egyptian pound

US dollar exchange rates have declined against the Egyptian pound on Monday morning compared to Sunday’s prices, at an average…
Suez Canal Authority records highest transfer to State Treasury in its history
Egypt

Suez Canal Authority records highest transfer to State Treasury in its history

The Ministry of Finance announced that the Suez Canal Authority has recorded its highest transfer rate towards the State Treasury…
CBE announces Eid al-Fitr vacation to start Tuesday
Egypt

CBE announces Eid al-Fitr vacation to start Tuesday

The Central Bank of Egypt and the stock market announced Tuesday, June 4 as the first day of the official…
US dollar price in Egypt continues decline
Business

US dollar price in Egypt continues decline

On Monday, the US dollar saw a two-piaster decline in Egypt’s banks. In the National Bank of Egypt, it recorded…
Egypt’s central bank keeps key interest rates unchanged
Economy

Egypt’s central bank keeps key interest rates unchanged

CAIRO, May 23 (Reuters) – Egypt’s central bank on Thursday kept its key interest rates unchanged, in line with a…
US dollar maintains stable rates against Egyptian pound 
Business

US dollar maintains stable rates against Egyptian pound 

The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of LE17.…
US dollar rate in Egypt declines
Economy

US dollar rate in Egypt declines

On Monday, the US dollar saw a two-piaster decline in Egypt’s banks. In Banque Misr and the National Bank of…
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