Central Bank of Egypt (CBE)
CBE launches LE7 billion initiative to help banks fund larger companies
Business
June 28, 2020
CBE launches LE7 billion initiative to help banks fund larger companies
The Central Bank of Egypt (CBE) on Sunday launched a seven billion LE pledge issuance initiative for the Credit Risk…
Egypt’s central bank keeps key interest rates on hold – statement
Economy
June 26, 2020
Egypt’s central bank keeps key interest rates on hold – statement
CAIRO, June 25 (Reuters) — The Central Bank of Egypt (CBE) kept its main interest rates steady on Thursday, despite…
IMF to discuss Egypt’s request for US$5.2 bn loan
Economy
June 26, 2020
IMF to discuss Egypt’s request for US$5.2 bn loan
The Executive Board of the International Monetary Fund will discuss on Friday Egypt’s request for a US$5.2 billion loan to…
US dollar to Egyptian pound exchange rates show slight increase
Economy
June 17, 2020
US dollar to Egyptian pound exchange rates show slight increase
US dollar to Egyptian pound exchange rates in some financial institutions rose slightly on Wednesday in favor of the dollar.…
US dollar to Egyptian pound exchange rates show slight increase in favor of dollar
Egypt
June 11, 2020
US dollar to Egyptian pound exchange rates show slight increase in favor of dollar
US dollar to Egyptian pound exchange rates increased by two piasters in favor of the dollar on Thursday, continuing a…
US Dollar exchange rates decrease against Egyptian Pound
Economy
June 10, 2020
US Dollar exchange rates decrease against Egyptian Pound
Exchange rates between the US dollar and the Egyptian pound decreased on Wednesday, following a week-long rise in the value…
Egypt’s foreign reserves decline to US$36.04 billion in May
Egypt
June 7, 2020
Egypt’s foreign reserves decline to US$36.04 billion in May
Egypt’s foreign reserves declined to US$36.04 billion in May, compared to $37.04 billion in April and $40.108 in March, a…
US dollar exchange rates in Egypt continue to rise
Economy
June 2, 2020
US dollar exchange rates in Egypt continue to rise
US dollar–Egyptian pound exchange rates in banks across Egypt increased in favor of the dollar on Tuesday. The exchange rate…
Egypt’s US dollar exchange rate rises Monday
Business
June 1, 2020
Egypt’s US dollar exchange rate rises Monday
US dollar exchange rates against the Egyptian pound increased in banks across Egypt on Monday, compared to Sunday’s exchange rates.…
Egypt amends bank working hours as of Tuesday
Business
June 1, 2020
Egypt amends bank working hours as of Tuesday
The governor of the Central Bank of Egypt has agreed to amend bank working hours for employees beginning Tuesday, June…