Central Bank of Egypt (CBE)
US dollar prices continue declining in Egyptian markets
Business
July 25, 2019
US dollar prices continue declining in Egyptian markets
Dollar prices continued declining in the local exchange market against the Egyptian pound on Thursday after seeing a reduction of…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt
July 25, 2019
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
Governor of Egypt’s Central Bank receives African Development Bank Award
Business
June 12, 2019
Governor of Egypt’s Central Bank receives African Development Bank Award
Governor of the Central Bank of Egypt (CBE) Tarek Amer received the African Development Bank Award on Tuesday, after being…
CBE denies issuance of LE500 banknote
Egypt
June 3, 2019
CBE denies issuance of LE500 banknote
The Egyptian Cabinet’s media center denied rumors on social media that the Central Bank of Egypt (CBE) issued LE500 and…
US dollar prices record decline in Egypt on Thursday
Business
May 30, 2019
US dollar prices record decline in Egypt on Thursday
The US dollar exchange rates declined against the Egyptian pound on Tuesday in several banks. The dollar prices have decreased…
CBE to ban issuance of cryptocurrency without licenses
Business
May 28, 2019
CBE to ban issuance of cryptocurrency without licenses
The new banking law for the Central Bank of Egypt (CBE) bans creating, promoting or operating platforms for issuing or…
US dollar prices in Egypt continue decline on Sunday: CBE
Business
May 26, 2019
US dollar prices in Egypt continue decline on Sunday: CBE
US dollar prices continued their decline in several banks in Egypt on Sunday, according to price updates issued by the…
US Dollar prices witness drop against Egyptian Pound: CBE
Business
May 24, 2019
US Dollar prices witness drop against Egyptian Pound: CBE
Central Bank of Egypt (CBE) stated on Thursday that the US dollar rates dropped to LE16.83 for purchase and LE16.93…
US dollar maintains stable rates against Egyptian pound
Business
May 19, 2019
US dollar maintains stable rates against Egyptian pound
The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of LE17.…
Central Bank of Egypt to increase capital to LE20 bn
Business
May 19, 2019
Central Bank of Egypt to increase capital to LE20 bn
The Central Bank of Egypt (CBE) will raise its capital to LE20 billion following the adoption of the new bill…