currency auction
Egypt central bank to keep pound stable say bankers, pound weakens on black market
Business
April 7, 2016
Egypt central bank to keep pound stable say bankers, pound weakens on black market
Egypt's central bank will keep the pound stable at LE8.78 pounds to the dollar in Thursday's additional foreign currency auction,…
Central bank sells $49.6 mn at forex auction
Business
February 6, 2013
Central bank sells $49.6 mn at forex auction
Egypt's central bank said on Wednesday it had accepted bids worth $49.6 million with a cut-off price of LE6.702 to…
Central Bank cancels currency auction, to announce new mechanism Monday
Business
February 4, 2013
Central Bank cancels currency auction, to announce new mechanism Monday
Egypt's central bank cancelled an auction of foreign currency on Sunday and said it would announce details of upcoming auctions…
Finance minister: economic reform provides state budget with LE31.2 billion
Business
January 20, 2013
Finance minister: economic reform provides state budget with LE31.2 billion
Finance Minister Morsy Hegazy said that with the government’s economic reform program the Egyptian economy will be able to overcome…
Central bank offers $75 mn at currency auction
Business
January 17, 2013
Central bank offers $75 mn at currency auction
The Central Bank of Egypt offered $75 million to banks on Thursday at its 11th foreign currency auction, the same…
Central Bank: Pound fell at dollar auction
Business
January 9, 2013
Central Bank: Pound fell at dollar auction
The pound fell at a Central Bank of Egypt auction of dollars Wednesday, the seventh such sale since it introduced…