Central Bank of Egypt

US dollar price stabilizes in Egypt on Friday
Business

US dollar price stabilizes in Egypt on Friday

On Friday, January 20, the price of the US dollar stabilized against the Egyptian pound in the Central Bank of…
Inflows from foreign investors into Egyptian market hit $925 mln – CBE
Egypt

Inflows from foreign investors into Egyptian market hit $925 mln – CBE

Egypt’s central bank said on Monday that the foreign exchange market had reacted positively to the latest depreciation of the…
‘Positive direction’: CBE issues statement on Egypt’s current pound exchange rate
Business

‘Positive direction’: CBE issues statement on Egypt’s current pound exchange rate

The Central Bank of Egypt (CBE) issued a statement regarding the exchange rate of the pound, confirming that the Egyptian…
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
Egypt

IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program

The International Monetary Fund said that the expected proceeds from the ongoing state asset divestment program amount to $2.5 billion…
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
Business

CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022

The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
Main Slider

Egyptian pound tumbles to LE30 against US dollar, breaking all previous records

The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…
US dollar exchange rate in Egypt on Tuesday
Business

US dollar exchange rate in Egypt on Tuesday

The price of the US dollar witnessed several consecutive rises in Egypt in the past few days, breaking the barrier of LE27…
CBE: Foreign reserve rises to $34 bln in December 2022
Egypt

CBE: Foreign reserve rises to $34 bln in December 2022

The Central Bank of Egypt (CBE) on Tuesday announced that the country’s foreign reserves rose by USD 470 million to…
US dollar price rises by 6 piasters Monday
Business

US dollar price rises by 6 piasters Monday

The price of the US dollar rose, officially, on Monday, by six piasters for purchase, and three piasters for sale.…
US dollar prices in Egypt on Thursday
Business

US dollar prices in Egypt on Thursday

On Thursday, the price of the US dollar stabilized in bank across Egypt. Tge dollar subsequently rose by two piasters…
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