Central Bank of Egypt

Monday’s US dollar to Egyptian pound exchange rates
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Monday’s US dollar to Egyptian pound exchange rates

The US dollar exchange rate maintained stable rates in Egyptian banks on Monday. The US dollar against the Egyptian pound…
Economists explain recent CBE decision on cash deposit, withdrawal limits
Business

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…
Senior economist expects IMF loan to Egypt to be approved soon
Business

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…
CBE decision to fix interest rate contradicts expectations: expert
Business

CBE decision to fix interest rate contradicts expectations: expert

 The decision of the Monetary Policy Committee of the Central Bank came in contravention of the expectations of most international…
Egypt needs to depreciate its currency again: Bloomberg
Business

Egypt needs to depreciate its currency again: Bloomberg

Bloomberg news agency reported that the increasing pressure on the Egyptian economy has led the largest banks in the world…
Sisi accepts resignation of CBE governor
Business

Sisi accepts resignation of CBE governor

President Abdel Fattah al-Sisi accepted the resignation of Tarek Amer, the former head of the Central Bank of Egypt, on…
US dollar price stabilizes in mid-trading on Tuesday
Business

US dollar price stabilizes in mid-trading on Tuesday

The price of the US dollar stabilized in mid-trading, on Tuesday, August 16, as the average price of the dollar…
US dollar price stabilizes in mid-trading for Egyptian banks
Business

US dollar price stabilizes in mid-trading for Egyptian banks

The price of the US dollar stabilized in mid-trading, Wednesday, August 10, after slight changes over the past few days.…
Photos: Egypt releases first Polymer banknotes 
Economy

Photos: Egypt releases first Polymer banknotes 

The Central Bank of Egypt has introduced the ten-pound denomination of plastic (polymer) notes, produced using the latest banknote production…
Will the CBE raise interest rate on Thursday?
Business

Will the CBE raise interest rate on Thursday?

Whether the Central Bank of Egypt will raise the interest rate in Egypt during ts Thursday meeting is a question…
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