PBDAC amends its main system after parliament approves law: chairperson
We will immediately begin to communicate with the World Bank to implement…
US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation
Sunday marks the first day of the Egyptian pound’s complete flotation in…
Financial portfolios undergo restructuring amid tendency to invest in stocks of export companies: investment managers
Investment in shares is more attractive compared to fixed-income instruments despite increase…
30% hike in inflation rate in short term: Beltone Financial
The Central Bank of Egypt (CBE) announced on Thursday that it is…
Egyptian pound flotation is a historic decision: bank leaders
Raising interest was important to protect citizens' savings and to face expected…
Some banks raise interest on savings vessels after CBE decision, public banks to follow suit
Some banks operating in the local market have quickly raised the interest…
CBE launches hotline for complaints on malpractices in currency trading
The Central Bank of Egypt (CBE) launched a call centre hotline on…
IMF mission chief for Egypt welcomes CBE’s decision to float the Egyptian pound
The CBE decided to float the Egyptian pound on Thursday
Bank are free to price the US dollar: CBE
This comes after the CBE fully floated the exchange rate on Thursday…