Central Bank of Egypt (CBE)

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…
Central Bank of Egypt: financial stability index rose in June 2021
Egypt

Central Bank of Egypt: financial stability index rose in June 2021

The Financial Stability Report for 2020, issued by the Central Bank of Egypt on Monday, showed the success of the…
Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months
Economy

Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months

Remittances from Egyptians working abroad during the first ten months of 2021 reached about US$26.4 billion, an increase of about…
Exchange rate of foreign currencies at CBE
Business

Exchange rate of foreign currencies at CBE

The exchange rates of foreign and Arab currencies against the Egyptian pound, during the latest update of the official website…
CBE announces bank vacation for Eastern Christmas
Egypt

CBE announces bank vacation for Eastern Christmas

The Central Bank of Egypt (CBE) has suspended work in all banks operating in Egypt on Thursday on the occasion…
CBE extends exemptions on fees until end of June
Business

CBE extends exemptions on fees until end of June

The Central Bank of Egypt has set a maximum daily limit for cash withdrawals or deposits through ATMs, that the…
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