foreign reserves
Egypt’s net foreign reserves rise to US$45.457 bn in January
Business
February 7, 2020
Egypt’s net foreign reserves rise to US$45.457 bn in January
Egypt’s net foreign reserves rose to US$45.457 billion in January 2020 from $45.420 billion in December 2019, an increase of…
Net foreign reserves rise to US$45.247 bn in October
Economy
November 7, 2019
Net foreign reserves rise to US$45.247 bn in October
The value of Egypt’s net foreign reserves rose to US$45.247 billion in October from $45.118 billion in September, the Central…
Net foreign reserves record US$45.118 bn in September
Economy
October 3, 2019
Net foreign reserves record US$45.118 bn in September
The net foreign reserves in the Central Bank of Egypt at the end of September recorded about US$45.118 billion, up…
US dollar prices decrease in Egyptian banks
Business
September 5, 2019
US dollar prices decrease in Egyptian banks
US dollar prices have decreased in Egyptian banks to between LE16.46 and LE16.50 for purchase and between LE16.56 and LE16.60…
Egypt’s foreign reserves increase to $44.969 bn: CBE
Business
September 4, 2019
Egypt’s foreign reserves increase to $44.969 bn: CBE
Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Dollar price continues to decline
Business
July 4, 2019
Dollar price continues to decline
The dollar price continued its decline in the local exchange market against the Egyptian pound on Wednesday after stabilizing since…
CBE denies ‘Let it Rust’ saved $12bn to state treasury
Economy
February 8, 2019
CBE denies ‘Let it Rust’ saved $12bn to state treasury
The Central Bank of Egypt (CBE) denied that the “Let it Rust” social media campaign, which called for boycotting buying…
CBE foreign reserves decline $2bn at end of December
Economy
January 8, 2019
CBE foreign reserves decline $2bn at end of December
The foreign reserves of the Central Bank of Egypt (CBE) lost about $2 billion at the end of December. Egypt’s…
Standard Chartered expects 5.5% growth for Egypt in 2019
Economy
October 17, 2018
Standard Chartered expects 5.5% growth for Egypt in 2019
Standard Chartered projected on Tuesday that the gross domestic product (GDP) growth rate of Egypt will rise by 5.5 percent…
Egypt’s government considers solutions, adopting with economic crises
Economy
October 14, 2018
Egypt’s government considers solutions, adopting with economic crises
Egypt’s Deputy Minister of Planning for Planning Affairs Ahmed Kamali said on Saturday that the government would form a committee…