Central Bank of Egypt (CBE)
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…
Dollar surges against Egyptian pound after cbank raises cap on deposits
Business
January 27, 2016
Dollar surges against Egyptian pound after cbank raises cap on deposits
The dollar surged against the Egyptian pound on the black market on Wednesday, a day after the central bank raised…
Egyptian pound steady at forex sale, weaker on black market
Business
January 26, 2016
Egyptian pound steady at forex sale, weaker on black market
Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Tuesday but the…
Egypt raises cap on FX deposits for food, capital machinery, manufacturing components, medicine
Business
January 26, 2016
Egypt raises cap on FX deposits for food, capital machinery, manufacturing components, medicine
Egypt's central bank raised the cap on foreign currency deposits to US$250,000 a month for importing food, capital machinery, manufacturing…
Yields on Egypt’s 3-year, 7-year treasury bonds drop at auction
Business
January 24, 2016
Yields on Egypt’s 3-year, 7-year treasury bonds drop at auction
Yields on Egypt's 3-year and 7-year bonds fell at an auction on Sunday, data from the central bank showed. The yield…
Egyptian pound steady at forex sale, weaker on black market
Business
January 21, 2016
Egyptian pound steady at forex sale, weaker on black market
Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Thursday, but the…
Egypt receives $1.6 bn loan from China in budget support: source
Business
January 17, 2016
Egypt receives $1.6 bn loan from China in budget support: source
The Central Bank of Egypt will receive a US$1.5 billion loan from China during a visit by China’s President Xi…
Banque Misr chief hails CBE’s small-projects program
Business
January 11, 2016
Banque Misr chief hails CBE’s small-projects program
Banque Misr's president lauded a program launched by the the Central Bank of Egypt (CBE) on Sunday that seeks to…
International reserve at US$16,455 in December: CBE
Business
January 5, 2016
International reserve at US$16,455 in December: CBE
Egypt’s net international reserves stood at US$16,455 in December, the Central Bank of Egypt said on Tuesday. The current reserve is…