Central Bank of Egypt
Will CBE raise interest rate in next meeting?
Economy
November 4, 2022
Will CBE raise interest rate in next meeting?
An economic expert expects that the Central Bank of Egypt would not resort to raising the interest rate at the…
US dollar exchange rate skyrockets on Friday
Economy
November 4, 2022
US dollar exchange rate skyrockets on Friday
The price of the US dollar jumped during the past days, after the Central Bank of Egypt raised the interest…
Gold price drops on Wednesday
Business
November 2, 2022
Gold price drops on Wednesday
The price of gold on Wednesday fell by LE2 per gram in conjunction with the rise in the price of…
US dollar price averages LE24.1 on Tuesday
Business
November 1, 2022
US dollar price averages LE24.1 on Tuesday
The average price of the US dollar, on Tuesday, November 1, according to the official Central Bank of Egypt (CBE)’s…
CBE cancels cash withdrawal, deposit limits
Business
October 28, 2022
CBE cancels cash withdrawal, deposit limits
The Central Bank of Egypt canceled the limits of cash withdrawals from ATM machines on deposits and raised the maximum…
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…
Egypt obtains IMF loan worth $3 bln
Economy
October 27, 2022
Egypt obtains IMF loan worth $3 bln
The head of the International Monetary Fund (IMF) mission to Egypt announced in a press conference, on Thursday, held with…
Egypt announces flotation of Egyptian pound on Thursday
Economy
October 27, 2022
Egypt announces flotation of Egyptian pound on Thursday
The Central Bank of Egypt (CBE) issued a statement, on Thursday morning, announcing reform measures to ensure macroeconomic stability and…
US dollar exchange rate rises on Wednesday
Business
October 26, 2022
US dollar exchange rate rises on Wednesday
The exchange rate of the US dollar rose against the Egyptian pound, Wednesday, October 26, 2022, by two piasters, as…
US dollar falls in Egypt Monday
Business
October 10, 2022
US dollar falls in Egypt Monday
The price of the US dollar fell against the Egyptian pound, Monday, October 10, by seven piasters at the Central…