central bank

Will the Central Bank of Egypt interfere to control soaring prices?
Business

Will the Central Bank of Egypt interfere to control soaring prices?

The price of the Egyptian pound continued to decline against the US dollar at the beginning of trading, on Thursday,…
Sisi comments on US dollar crisis in Egypt
Egypt

Sisi comments on US dollar crisis in Egypt

Egyptian President Abdel Fattah al-Sisi commented on the various economic issues facing his nation, such as the US dollar crisis…
Importers Division expects breakthrough in market after December 16
Business

Importers Division expects breakthrough in market after December 16

A member of the Importers Division of the Chamber of Commerce expects a breakthrough on the market after December 16.…
US dollar stabilizes on Friday
Business

US dollar stabilizes on Friday

The price of the US dollar stabilized against the Egyptian pound, on Friday, to record an average exchange rate of…
Cash reserves within safe limits, cover six months: Banque du Caire head
Business

Cash reserves within safe limits, cover six months: Banque du Caire head

The Central Bank of Egypt uses its tools with flexibility and unconventional form to maintain price levels, Tarek Fayed, Chairman…
US dollar exchange rate maintains stable prices on Wednesday
Business

US dollar exchange rate maintains stable prices on Wednesday

  The US dollar exchange rate maintained stable prices on Wednesday, which are LE18.27 for purchase, and LE18.37 for sale.…
Confusion dominates Egyptian gold market after US dollar price rise
Business

Confusion dominates Egyptian gold market after US dollar price rise

Confusion swept the Egyptian gold market on Monday, after the Central Bank announced a new rise in the price of…
Kuwait cbank says virtual assets not a suitable alternative to currency – Twitter
Middle East

Kuwait cbank says virtual assets not a suitable alternative to currency – Twitter

KUWAIT, Feb 17 (Reuters) – Kuwait’s central bank said on Thursday in a tweet that virtual assets are not a…
Erdogan says Turkey will break shackles of interest rates
Middle East

Erdogan says Turkey will break shackles of interest rates

ANKARA, Feb 17 (Reuters) – President Tayyip Erdogan said on Thursday Turkey will break the shackles of interest rates and…
ADQ-backed digital bank gets UAE central bank approval for launch
Middle East

ADQ-backed digital bank gets UAE central bank approval for launch

DUBAI, Feb 11 (Reuters) – The Central Bank of the United Arab Emirates has given in-principle approval to a new…
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