Tag: CBE

US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06

The dollar value is expected to drop as companies finalise their budgets

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Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE

This sum includes the repayment of letters of credit and documents of…

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US dollar surpasses EGP 19 at CBE to hit highest rates since flotation

The US dollar price at the Central Bank of Egypt (CBE) and…

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Lack of investment opportunities straining Egyptian banks

The liquidity of the pound has increased by EGP 64bn since the…

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US dollar registers new peak, jumps to EGP 19 at HSBC

The US dollar price jumped against the Egyptian pound to register its…

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Banks provided financing worth EGP17bn to SMEs and micro enterprises in 9 months: CBE

The recent issuance of certificates has attracted new deposits from outside the…

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Local and international organisations propose investing $1.31bn in treasury bills

Local and international organisations proposed investing $1.31bn in a treasury bills tender…

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US dollar exceeds EGP 18 at CBE for first time since flotation

Analysts play down impact of recent terrorist events on future of the…

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CBE signs 18bn yuan bilateral currency swap agreement with Chinese central bank

The agreement will lead to a decline in demand on the dollar…

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Egypt’s foreign exchange reserves likely to decline by $3bn in mid-December

On 17 December, Egypt must pay $3bn for bonds issued on global…

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