Central Bank of Egypt (CBE)
Central Bank of Egypt shortens time to collect checks in foreign currencies
Business
June 9, 2021
Central Bank of Egypt shortens time to collect checks in foreign currencies
The Board of Directors of the Central Bank of Egypt (CBE) has approved regulation for banks operating in Egypt to…
US dollar to Egyptian pound exchange rate for Monday
Egypt
April 5, 2021
US dollar to Egyptian pound exchange rate for Monday
The US dollar to Egyptian pound exchange rate on Monday recorded LE15.64 for purchase and LE15.74 for sale as the…
Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March
Business
April 5, 2021
Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March
The Central Bank of Egypt (CBE) announced on Sunday that international foreign currency reserves increased at the end of March…
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
Economy
March 10, 2021
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
US dollar to Egyptian pound exchange rate falls on Monday
Business
February 8, 2021
US dollar to Egyptian pound exchange rate falls on Monday
The US dollar to Egyptian pound exchange rate fell on Monday, recording LE15.60 for purchase and LE15.70 for sale at…
In the wake of Egypt’s second wave of coronavirus, Sisi orders continuation of bank initiatives, discusses future of education
Egypt
January 31, 2021
In the wake of Egypt’s second wave of coronavirus, Sisi orders continuation of bank initiatives, discusses future of education
Egyptian President Abdel Fattah Al-Sisi met with bank and education officials in two separate meetings on Saturday, in which he…
US dollar to Egyptian pound exchange rates stabilize
Egypt
January 21, 2021
US dollar to Egyptian pound exchange rates stabilize
The US dollar to Egyptian pound exchange rate on Thursday witnessed stability for both purchase and selling prices, recording LE15.67…
Central Bank of Egypt to begin printing secure, eco-friendly polymer banknotes in June
Business
January 19, 2021
Central Bank of Egypt to begin printing secure, eco-friendly polymer banknotes in June
The Central Bank of Egypt (CBE) will begin printing polymer banknotes upon inauguration of its new printing house in June,…
Egypt’s foreign currency reserves up to US$40.0625 billion in December
Business
January 17, 2021
Egypt’s foreign currency reserves up to US$40.0625 billion in December
The Central Bank of Egypt’s (CBE) net international foreign currency reserves bumped up slightly by the end of last December,…
US dollar to Egyptian pound exchange rate increases for purchase and selling prices
Business
December 31, 2020
US dollar to Egyptian pound exchange rate increases for purchase and selling prices
The US dollar to Egyptian pound exchange rate on Thursday saw a slight increase, recording LE15.67 for purchase and LE15.77…