Central Bank of Egypt (CBE)

CBE solves dollar crisis for companies with short position at US$5 mn
Egypt

CBE solves dollar crisis for companies with short position at US$5 mn

Central Bank of Egypt governor (CBE) Tarek Amer approved an agreement with investors to restructure their debts owed to banks…
Egypt says foreigners will be able to repatriate profits soon -MENA
Business

Egypt says foreigners will be able to repatriate profits soon -MENA

Egypt's Central Bank Governor Tarek Amer said on Friday that foreign investors would be able to repatriate profits and capital…
Egypt received inflows of $1 billion in month since currency float: central bank
Business

Egypt received inflows of $1 billion in month since currency float: central bank

Egypt's central bank governor Tarek Amer said on Saturday the country had received inflows of around $1 billion in the…
Egypt’s foreign reserves jump to US$23 bln at end-November
Egypt

Egypt’s foreign reserves jump to US$23 bln at end-November

Egypt's foreign reserves have increased to US$23.058 billion at the end of November from $19.041 billion a month earlier, the…
China signs 3-yr 18 bln yuan bilateral currency swap with Egypt cenbank
Egypt

China signs 3-yr 18 bln yuan bilateral currency swap with Egypt cenbank

China's central bank has signed an 18 billion yuan ($2.62 billion) three-year bilateral currency swap with Egypt's central bank, the…
Yields rise on Egypt’s three, nine-month t-bills in weekly auction
Egypt

Yields rise on Egypt’s three, nine-month t-bills in weekly auction

Yields on Egypt's three- and nine-month Treasury bills rose at an auction on Sunday, central bank data showed. Yields on the…
Egypt to issue US$1.6 bln 1-year Treasury Bill – Central Bank
Business

Egypt to issue US$1.6 bln 1-year Treasury Bill – Central Bank

Egypt will issue a US$1.6 billion one-year Treasury Bill, the central bank said on Sunday. It said the settlement date for…
US dollar inflows hit US$2.6 bn, CBE regains ability to finance trade says governor
Business

US dollar inflows hit US$2.6 bn, CBE regains ability to finance trade says governor

The official US dollar inflows have improved, two weeks after the Central Bank of Egypt (CBE)'s decision to float the…
Egyptian central bank floats pound, devaluing to LE13 per dollar
Business

Egyptian central bank floats pound, devaluing to LE13 per dollar

Egypt's central bank floated the pound on Thursday, devaluing by 47.7 percent to an initial guidance level of 13 pounds…
US dollar hits LE18 on black market as govt mulls official devaluation
Business

US dollar hits LE18 on black market as govt mulls official devaluation

The US dollar continued its steep rise on Egypt's black market on Sunday, breaking the LE18 barrier for the first…
Back to top button