Hossam Mounir

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January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007

5 January 1899 saw the issuance of the first Egyptian paper banknote,…

Hossam Mounir

Printing cash done in accordance to regulations, commitment to economic, legal measures: CBE

The annual growth of banknote issuance is usually proportionate to annual GDP…

Hossam Mounir

CBE forced to issue new banknotes monthly due to low state resources, high expenditure: banking expert

The CBE has increased its issuance of banknotes since January 2011, due…

Hossam Mounir

EGP 6.8bn increase in banknotes printed in March 2016: CBE

EGP 200 banknotes accounted for 52.1% of the total banknotes issued; EGP…

Hossam Mounir

Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE

The global drop in oil prices has led to a decline in…

Hossam Mounir

$5.8bn in FDI recorded over first nine months of FY 2015/2016

The CBE said in a statement on Sunday that the net inflows…

Hossam Mounir

$26m increase in CBE’s foreign exchange reserves in June

The value of gold included in the reserves increased to $2.602bn in…

Hossam Mounir

CBE to reveal its foreign exchange reserves this week

Debt repayment to Qatar and Paris Club countries is likely to impact…

Hossam Mounir

Banks acquire 77.87% of Finance Ministry’s treasury bills by end of March

Banks’ investments in bills amount to EGP 471.358bn at the end of…

Hossam Mounir