Egypt’s central bank
Egypt’s central bank cuts interest rates by 50 basis points
Economy
November 13, 2020
Egypt’s central bank cuts interest rates by 50 basis points
Egypt’s central bank cut its main interest rates by 50 basis points on Thursday, moving to support an economy badly…
Egypt’s central bank makes third straight cut to interest rates
Economy
November 15, 2019
Egypt’s central bank makes third straight cut to interest rates
Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…
As pound strengthens, Egypt adjusts customs exchange rate to 16 per dollar
Business
February 17, 2017
As pound strengthens, Egypt adjusts customs exchange rate to 16 per dollar
Egypt will change its dollar exchange rate for customs to 16 pounds from 18.5 pounds on Thursday, after the Egyptian…
UPDATE: Egypt’s central bank tightens import controls to ease forex crisis
Egypt
December 22, 2015
UPDATE: Egypt’s central bank tightens import controls to ease forex crisis
Egypt's central bank on Tuesday tightened trade financing regulations to support local manufacturing and ease the ballooning trade deficit that…
Egypt’s central bank dollar sales total $7.6 bn in recent weeks, official says
Business
December 22, 2015
Egypt’s central bank dollar sales total $7.6 bn in recent weeks, official says
Egypt's central bank has sold $7.6 billion in recent weeks to make it easier for importers pay for goods, an…
Egypt’s central bank postpones interest rate decision to Dec. 24
Business
December 18, 2015
Egypt’s central bank postpones interest rate decision to Dec. 24
The announcement came as a shock to the markets, which had been watching to see if Egypt would follow the…
Egypt’s central bank to inject dollar liquidity over next month
Egypt
December 2, 2015
Egypt’s central bank to inject dollar liquidity over next month
Egypt's central bank plans to inject dollar liquidity into the market this month and is planning an exceptional foreign exchange…
Egypt’s central bank savior faces tricky balancing act
Egypt
November 27, 2015
Egypt’s central bank savior faces tricky balancing act
From bankers to carmakers, Egypt's business community will breathe easier when Tarek Amer takes charge at the central bank on…
Egypt’s central bank appoints two deputy governors
Egypt
November 18, 2015
Egypt’s central bank appoints two deputy governors
Egypt's central bank has named two deputy central bank governors in a reshuffle of the bank's board members, it said…
UPDATE: Egyptian pound steady at auction, weaker on parallel market
Business
November 17, 2015
UPDATE: Egyptian pound steady at auction, weaker on parallel market
Egypt's central bank kept the pound steady at LE7.7301 to the dollar at its official foreign currency auction on Tuesday,…