US dollar registers EGP 14.3 for sale at private banks
The price of the euro against the national currency reached EGP 14.66…
Floating the Egyptian pound is an excellent step: Naguib Sawiris
Sawiris called on the Egyptian people to support the CBE's decision
CBE floats Egyptian pound, raises interest by 3%
The CBE decided on Thursday to let banks in the market set…
Economic Affairs Committee to propose exchange bureaux be obliged to deposit US dollars at CBE for 5 years
There are 91 currency exchange companies, some of which own 20 branches,…
Informal US dollar rate expected to drop if banks refrain from accepting foreign exchange
Current procedures by government, CBE target to reduce demands for US dollar, and we should work on increasing…
CBE consideres obliging banks to not accept foreign currency from anonymous sources
The move aims to lay siege to the informal market and crack…
Parliament approves Agriculture Bank Law, moving the bank under CBE’s authority
The Egyptian parliament approved a law that would oversee the transfer of…
CBE stabilises Egyptian pound’s price against US dollar, ignores market’s expectations again
Analysts ruled out Egyptian pound’s devaluation before 11 November
Government to determine commodity profit margins with FEDCOC, FEI next week: Prime Minister
Government in full coordination with CBE to overcome the US dollar crisis
33 banks offer investments worth EGP 278.85bn in CBE’s deposit operation
Thirty-three banks operating in the domestic market offered investments worth EGP 278.85bn…