Egyptian banks
US Dollar exchange rate in Egypt declines further
Business
June 2, 2019
US Dollar exchange rate in Egypt declines further
US dollar prices slightly declined against the Egyptian pound in several banks on Sunday. The US currency saw an average…
US dollar maintains stable rates against Egyptian pound
Business
May 19, 2019
US dollar maintains stable rates against Egyptian pound
The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of LE17.…
Central Bank of Egypt to increase capital to LE20 bn
Business
May 19, 2019
Central Bank of Egypt to increase capital to LE20 bn
The Central Bank of Egypt (CBE) will raise its capital to LE20 billion following the adoption of the new bill…
US dollar price hits LE16.99
Business
May 16, 2019
US dollar price hits LE16.99
US dollar prices continued to decline against the Egyptian pound in several banks on Thursday, hitting LE16.99 for purchase and…
US dollar exchange rate continues decline in Egypt
Economy
May 13, 2019
US dollar exchange rate continues decline in Egypt
US dollar prices declined against the Egyptian pound by an average of four piasters in several banks on Monday. The…
US dollar exchange rate relatively declines Wednesday
Economy
July 19, 2017
US dollar exchange rate relatively declines Wednesday
The exchange rate of the US dollar witnessed a relative decline against the Egyptian pound on Wednesday maintaining a slight…
CBE takes measures to protect Egypt’s banks against ransomware
Egypt
May 17, 2017
CBE takes measures to protect Egypt’s banks against ransomware
The Central Bank of Egypt (CBE) issued instructions to banks operating in the local market to take precautionary measures to…
US dollar exchange rate stable, hovering around LE18
Egypt
May 7, 2017
US dollar exchange rate stable, hovering around LE18
After a week of unstable prices, the US dollar exchange rate was stable during Sunday morning trading.According the latest updates, the…
US dollar at LE18.10 in Egypt banks
Business
March 22, 2017
US dollar at LE18.10 in Egypt banks
The US dollar exchange rate remained stable in banks on Wednesday, but still above LE18.The website of the National Bank…
CBE solves dollar crisis for companies with short position at US$5 mn
Egypt
February 21, 2017
CBE solves dollar crisis for companies with short position at US$5 mn
Central Bank of Egypt governor (CBE) Tarek Amer approved an agreement with investors to restructure their debts owed to banks…