Central Bank of Egypt (CBE)
Yields mixed at Egypt T-bill auction
Business
August 7, 2016
Yields mixed at Egypt T-bill auction
August 7 Yields on Egypt's three-month treasury bills fell and yields on nine-month bills rose at Sunday's auction, data from…
Egypt suspends 10 foreign exchange bureaus over black market trading
Egypt
August 2, 2016
Egypt suspends 10 foreign exchange bureaus over black market trading
Egypt's central bank on Monday suspended for one year the licenses of 10 foreign exchange bureaus in Cairo after finding…
Yields drop at Egypt T-bill auction
Business
August 1, 2016
Yields drop at Egypt T-bill auction
Yields on Egypt's three-month and nine-month treasury bills edged down at Sunday's auction, data from the central bank website showed.The…
Dollar price drops on black market as talks on $12bn IMF loan announced
Business
July 28, 2016
Dollar price drops on black market as talks on $12bn IMF loan announced
The price of the US dollar has fallen against the Egyptian pound on the black market after the official announcement…
Egypt’s central bank keeps pound stable at 8.78 per dollar
Business
July 26, 2016
Egypt’s central bank keeps pound stable at 8.78 per dollar
The Central Bank of Egypt (CBE) kept the pound stable at 8.78 per dollar at its weekly foreign currency auction…
Egypt’s central bank says not time to float pound, devaluation depends on timing
Business
July 21, 2016
Egypt’s central bank says not time to float pound, devaluation depends on timing
Egypt's central bank governor said on Wednesday that the time was not right to float the Egyptian pound, which has…
Central bank to keep pound stable at forex auction amid devaluation talk
Business
July 12, 2016
Central bank to keep pound stable at forex auction amid devaluation talk
Egypt's central bank will keep the Egyptian pound stable at 8.78 to the dollar at its weekly foreign exchange auction…
Egypt surges on expectations of currency devaluation
Business
July 5, 2016
Egypt surges on expectations of currency devaluation
Cairo's main stock index rose 2.9 percent on Monday on expectations of a further currency devaluation this fiscal year, while…
No change to debit card usage rules abroad: CBE governor
Business
June 30, 2016
No change to debit card usage rules abroad: CBE governor
Tarek Amer, governor of the Central Bank of Egypt (CBE), said on Thursday that there was no change to the…
Egyptian central bank keeps key interest rates unchanged
Business
April 29, 2016
Egyptian central bank keeps key interest rates unchanged
Egypt's central bank kept its key interest rates unchanged on Thursday in its first decision since it raised rates by…