Central Bank of Egypt (CBE)
Egypt’s foreign reserves rises $100 million at end-Jan
Egypt
February 5, 2015
Egypt’s foreign reserves rises $100 million at end-Jan
Egypt's foreign currency reserves rose US$100 million to $15.43 billion at the end of January from $15.33 billion the previous…
Expert criticizes CBE decision to increase dollar exchange rate
Business
January 20, 2015
Expert criticizes CBE decision to increase dollar exchange rate
Ahmed Shiha, vice president of the Division of Importers, criticized the Central Bank of Egypt's decision to increase the dollar…
Source: IMF urges central bank to unify currency exchange rates
Business
December 28, 2014
Source: IMF urges central bank to unify currency exchange rates
The International Monetary Fund has urged the Central Bank of Egypt to unify currency exchange rates at banks and exchange…
CBE seeks to control black market as dollar rises to LE7.82
Business
December 24, 2014
CBE seeks to control black market as dollar rises to LE7.82
A senior banking source revealed that the Central Bank of Egypt is seeking to control the black market after the…
CBE : Egyptian banks’ credit reach to LE2.4 trillion during July/Sept 2014/15
Business
December 16, 2014
CBE : Egyptian banks’ credit reach to LE2.4 trillion during July/Sept 2014/15
Egyptian Banks' credit balances moved up by LE13.4 billion to reach LE2.4 trillion during July/September 2014/2015, the Central Bank of…
Central bank: Egypt to issue $1.1 bln, 1-year T-bill on Tuesday
Business
December 14, 2014
Central bank: Egypt to issue $1.1 bln, 1-year T-bill on Tuesday
Egypt's central bank said on Sunday it would offer a $1.1 billion one-year treasury bill to local banks and foreign…
CBE prohibits converting Arab currencies to dollars
Egypt
December 11, 2014
CBE prohibits converting Arab currencies to dollars
The central bank of Egypt (CBE) issued instructions to banks to stop converting Arab currencies into dollars as it had…
Egypt repays Qatar’s deposit Friday
Business
November 27, 2014
Egypt repays Qatar’s deposit Friday
Egypt will pay Qatar back a US$2.5 billion the oil-rich kingdom had deposited at the Central Bank of Egypt under…
Egypt central bank seen keeping rates on hold amid nascent recovery
Business
November 26, 2014
Egypt central bank seen keeping rates on hold amid nascent recovery
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure continues to ease and…