Central Bank of Egypt (CBE)

US dollar price stabilizes relatively Tuesday
Business

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

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

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

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

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

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

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

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

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

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…
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