CBE
US dollar price exceeds LE24 in Egypt
Economy
October 31, 2022
US dollar price exceeds LE24 in Egypt
The price of the US dollar rose on Sunday evening to reach its highest level in 2022 so far breaking…
CBE governor answers why interest rates were raised for the first time in 5 months
Economy
October 27, 2022
CBE governor answers why interest rates were raised for the first time in 5 months
On Thursday morning, the Central Bank of Egypt announced a package of exceptional decisions related to withdrawal and deposit limits…
US dollar prices decline in Egypt Tuesday
Business
October 18, 2022
US dollar prices decline in Egypt Tuesday
On Tuesday, the price of the US dollar witnessed a decline at the end of the day against the Egyptian…
US dollar stabilizes on Friday
Business
October 7, 2022
US dollar stabilizes on Friday
The price of the US dollar stabilized against the Egyptian pound, on Friday, to record an average exchange rate of…
CBE warns against cryptocurrency dealings in Egypt
Business
September 13, 2022
CBE warns against cryptocurrency dealings in Egypt
The Central Bank of Egypt (CBE) is following up the phenomenon of cryptocurrency trading through some regional and international platforms,…
Net foreign reserves record $33.141 bln at end of August
Economy
September 8, 2022
Net foreign reserves record $33.141 bln at end of August
The net foreign reserves recorded US$33.141 billion at the end of August 2022, the Central Bank of Egypt announced. The…
Economists explain recent CBE decision on cash deposit, withdrawal limits
Business
August 26, 2022
Economists explain recent CBE decision on cash deposit, withdrawal limits
The Central Bank of Egypt’s decision to cancel the maximum deposit limit and increase the maximum daily withdrawal limit from…
CBE raises maximum withdrawal limit from bank branches to LE150,000
Business
August 26, 2022
CBE raises maximum withdrawal limit from bank branches to LE150,000
Central Bank of Egypt (CBE) raised the maximum daily withdrawal limit for individuals and companies from bank branches from LE50,000…
Senior economist expects IMF loan to Egypt to be approved soon
Business
August 26, 2022
Senior economist expects IMF loan to Egypt to be approved soon
Economist and former Deputy Assistant Governor of the Central Bank of Egypt, Hani Geneina, expected that the International Monetary Fund…
Sisi appoints Hassan Abdullah as acting governor of CBE
Business
August 19, 2022
Sisi appoints Hassan Abdullah as acting governor of CBE
President Abdel Fattah al-Sisi issued a decree appointing Hassan Abdullah, Chairman of the Board of Directors of the United Company,…