Central Bank of Egypt (CBE)
Central Bank chief dismisses reports of investor exit as ‘malicious’
Business
February 20, 2016
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
February 18, 2016
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
February 16, 2016
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
February 16, 2016
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
February 11, 2016
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…
Egyptian pound weakens on black market, steady at official auction
Business
February 11, 2016
Egyptian pound weakens on black market, steady at official auction
The Egyptian pound slipped further on the black market on Thursday, piling more pressure on the central bank to devalue…
Egypt’s central bank receives $900 mln from China under Jan deal
Business
February 8, 2016
Egypt’s central bank receives $900 mln from China under Jan deal
Egypt's central bank has received US$900 million from the China Development Bank under a $1 billion financing agreement signed last…
Egypt to set 2016-17 budget at devalued exchange rate
Business
February 8, 2016
Egypt to set 2016-17 budget at devalued exchange rate
Egypt is preparing its 2016-2017 budget on the basis of an exchange rate of LE8.25 to the dollar, as compared…
Egyptian pound slips further on black market, official rate unchanged
Business
February 7, 2016
Egyptian pound slips further on black market, official rate unchanged
The Egyptian pound continued to weaken on the black market on Sunday, piling more pressure on the central bank to…
Egyptian pound steady at forex sale, stronger on black market
Business
February 2, 2016
Egyptian pound steady at forex sale, stronger on black market
The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but strengthened on the…