Central Bank of Egypt
US dollar price stabilizes in Egypt on Friday
Business
January 20, 2023
US dollar price stabilizes in Egypt on Friday
On Friday, January 20, the price of the US dollar stabilized against the Egyptian pound in the Central Bank of…
Inflows from foreign investors into Egyptian market hit $925 mln – CBE
Egypt
January 17, 2023
Inflows from foreign investors into Egyptian market hit $925 mln – CBE
Egypt’s central bank said on Monday that the foreign exchange market had reacted positively to the latest depreciation of the…
‘Positive direction’: CBE issues statement on Egypt’s current pound exchange rate
Business
January 17, 2023
‘Positive direction’: CBE issues statement on Egypt’s current pound exchange rate
The Central Bank of Egypt (CBE) issued a statement regarding the exchange rate of the pound, confirming that the Egyptian…
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
Egypt
January 17, 2023
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
The International Monetary Fund said that the expected proceeds from the ongoing state asset divestment program amount to $2.5 billion…
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
Business
January 11, 2023
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
Main Slider
January 11, 2023
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…
US dollar exchange rate in Egypt on Tuesday
Business
January 10, 2023
US dollar exchange rate in Egypt on Tuesday
The price of the US dollar witnessed several consecutive rises in Egypt in the past few days, breaking the barrier of LE27…
CBE: Foreign reserve rises to $34 bln in December 2022
Egypt
January 4, 2023
CBE: Foreign reserve rises to $34 bln in December 2022
The Central Bank of Egypt (CBE) on Tuesday announced that the country’s foreign reserves rose by USD 470 million to…
US dollar price rises by 6 piasters Monday
Business
January 2, 2023
US dollar price rises by 6 piasters Monday
The price of the US dollar rose, officially, on Monday, by six piasters for purchase, and three piasters for sale.…
US dollar prices in Egypt on Thursday
Business
December 29, 2022
US dollar prices in Egypt on Thursday
On Thursday, the price of the US dollar stabilized in bank across Egypt. Tge dollar subsequently rose by two piasters…