Tag: CBE

CBE promotes 5 senior officials to deputy governor 

Ramy Abu al-Naga took over monetary markets and reserve management, Essmat Hussein…

Hossam Mounir Hossam Mounir

Energy subsidy cuts, take its toll on the average Egyptians

Egypt, a country with a population of 90m, where more than 28%…

Mohamed Samir Mohamed Samir

Package of negative implications pending after hiking interest rate

Financing of companies through non-bank financial markets amongst top beneficiaries

Daily News Egypt Daily News Egypt

Interest rate hike will impose significant fiscal burden: economic experts

HSBC believes that the CBE’s tightening cycle has peaked, Capital Economics forecast…

Mohamed Samir Mohamed Samir

Egyptian pound fist to fist with US dollar yet again

Local currency began appreciating again by 21 piastres in four days, market…

Hossam Mounir Hossam Mounir

Pound strengthens due to market supply and demand mechanism: Amer

The CBE governor told the president that the bank didn’t intervene to…

Daily News Egypt Daily News Egypt

Banks consider impact of CBE’s decision to hike interest rates this week

CBE’s decision aims to curb inflation and ease its impacts after moving…

Hossam Mounir Hossam Mounir

Analysts expect CBE to keep interest rate unchanged after Thursday meeting

Seven out of nine analysts and investment banks expect CBE to keep…

Hossam Mounir Hossam Mounir