Central Bank of Egypt (CBE)

Egyptian pound steady at auction, weakens on black market
Business

Egyptian pound steady at auction, weakens on black market

The Egyptian pound held steady against the dollar at an official foreign currency auction on Thursday but weakened significantly on…
Egypt’s CIB appoints former central bank governor Ramez as managing director
Business

Egypt’s CIB appoints former central bank governor Ramez as managing director

Commercial International Bank (CIB), Egypt's largest listed company, said on Sunday it had appointed former central bank governor Hisham Ramez…
Egyptian pound steady at forex sale, weaker on black market
Business

Egyptian pound steady at forex sale, weaker on black market

The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but weakened on the…
CBE not to reduce pound exchange rate: governor
Business

CBE not to reduce pound exchange rate: governor

The Central Bank of Egypt (CBE) will not reduce the exchange rate of the Egyptian pound before the foreign reserves…
Egyptian pound steady at forex sale and black market
Business

Egyptian pound steady at forex sale and black market

The Egyptian pound held steady against the dollar at an official foreign currency auction on Sunday and on the black…
Central Bank chief dismisses reports of investor exit as ‘malicious’
Business

Central Bank chief dismisses reports of investor exit as ‘malicious’

Central Bank Governor Tareq Amer has assured Egyptians of the resilience of the country’s economy, dismissing reports about investors leaving…
Egyptian pound steady at forex sale, black market under pressure
Business

Egyptian pound steady at forex sale, black market under pressure

The Egyptian pound was steady against the dollar at an official forex auction on Thursday and black market traders quoted…
Egypt’s central bank not moving toward weakening the pound: official
Business

Egypt’s central bank not moving toward weakening the pound: official

Egypt's central bank is not moving toward devaluing the pound or floating its currency, a central bank official said in…
Egyptian pound steady at forex sale, weaker on black market
Business

Egyptian pound steady at forex sale, weaker on black market

The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but weakened on the…
Yields on Egypt’s T-bills rise at auction on Thursday
Business

Yields on Egypt’s T-bills rise at auction on Thursday

Yields on Egypt's six-month and one-year treasury bills rose at an auction on Thursday, data from the central bank showed. The…
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