Tag: CBE

Egypt foreign exchange reserves increase by $107m in August 

Foreign exchange reserves increased to $36.14bn at the end of August compared…

Mohamed Ayyad

CBE covered dollar needs worth $49bn since flotation

Dollar liquidity is directed to foreign trade financing and foreign companies' reparation…

Daily News Egypt

CBE’s automobile committee resumes work soon

Hussein Mostafa, the executive director of the Egyptian Automobile Manufacturers Association (EAMA)…

Daily News Egypt

Banknote issuance to GDP increases to 13.42% in May: CBE

CBE printed new banknotes worth EGP 15.774bn this month

Hossam Mounir

EGP 55bn increase in bank deposits, EGP 39bn increase in loan portfolio in May 2017: CBE

Foreign investments in T-bills hike to EGP 176,000bn at the end of…

Hossam Mounir

Can CBE reduce inflation to 10%-16% by the end of 2018?

The key objective of monetary policy in the next phase is to…

Hossam Mounir

Exchange rate to remain stable at EGP18/USD this year and next: FocusEconomics

Inflation to remain elevated for some time to come, says FocusEconomics

Shaimaa Al-Aees

Tarek Amer named Central Bank Governor of the Year by IMF’s, World Bank’s GlobalMarkets

The selection was based on Amer’s role in reforming Egypt’s currency exchange…

Mohamed Samir

CBE caps pilgrims cash to $10,000

Foreign exchange reserves rose at the end of July to $36bn, thanks…

Abdel Razek Al-Shuwekhi

CBE has no intention of allowing cryptocurrency in Egypt: official

Bitcoin plans to launch in Egypt by late August, awaits needed legislation…

Reem Hosam El-din