Central Bank of Egypt (CBE)
US dollar price stabilizes relatively Tuesday
Business
April 5, 2022
US dollar price stabilizes relatively Tuesday
The price of the US dollar relatively stabilized, Monday, April 4, 2022, at the beginning of trading, after the large…
In support of Egypt, Saudi Arabia provides billions as a deposit with CBE
Egypt
March 30, 2022
In support of Egypt, Saudi Arabia provides billions as a deposit with CBE
The Kingdom of Saudi Arabia in implementation of the directives of the Custodian of the Two Holy Mosques, King…
Working hours for Egyptian banks during Ramadan 2022
Business
March 28, 2022
Working hours for Egyptian banks during Ramadan 2022
The Central Bank of Egypt announced the working hours of local banks during the holy month of Ramadan, from nine…
Slight decrease in Egypt’s US dollar exchange rate on Sunday
Business
March 27, 2022
Slight decrease in Egypt’s US dollar exchange rate on Sunday
The US dollar exchange rate decreased slightly by two piasters on Sunday compared to Thursday’s rates, which were LE18.29 for…
US dollar exchange rate up by 15.9 percent against Egyptian pound
Egypt
March 21, 2022
US dollar exchange rate up by 15.9 percent against Egyptian pound
The exchange rate of the US dollar against the Egyptian pound increased for the third time during Monday trading, to…
Central Bank of Egypt announces interest rate increase
Business
March 21, 2022
Central Bank of Egypt announces interest rate increase
The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Remittances of Egyptian expats increase in 2021
Egypt
March 14, 2022
Remittances of Egyptian expats increase in 2021
The central Bank of Egypt said on Monday that remittances from Egyptians working abroad increased during 2021 to about US$…
CBE issues an exceptional decision on rice, beans and lentils
Business
March 14, 2022
CBE issues an exceptional decision on rice, beans and lentils
The Central Bank of Egypt (CBE) decided to extend the grace period for banks to exclude rice, beans and lentils…
US dollar exchange rate stable in Egypt banks
Business
March 8, 2022
US dollar exchange rate stable in Egypt banks
The US dollar exchange rate maintained stable prices in Egypt banks against the local currency on Tuesday. Despite increasing…
Egypt’s Core annual inflation rose to 6.3 percent in January: CBE
Business
February 13, 2022
Egypt’s Core annual inflation rose to 6.3 percent in January: CBE
The CBE stated that the monthly core inflation rate reached 0.8 percent in January, compared to 0.5 percent in the…