Tag: CBE

CBE refutes rumours on changing banknote designs

The Central Bank of Egypt (CBE) denied rumours that it plans to…

Hossam Mounir

Large portion of dollars in banks since Monday come from customers switching saving schemes to Egyptian pounds: prominent banker

High expectations that foreign currency deposits will decrease while Egyptian pound deposits…

Hossam Mounir

US dollar price falls even further at CBE, banks while EGX profits EGP 9.3bn

The price of the US dollar dropped below EGP 16, with expectations…

Hossam Mounir

Inflation rate increases by 1.8% in October: CAPMAS

The annual inflation rate reached 14% in October

Daily News Egypt

CBE concludes financing deal worth $2bn from international banks

The transaction bolsters the liquidity and amount of the foreign currency reserves,…

Hossam Mounir

Egyptian remittances at Banque Misr, NBE, Banque du Caire increase to as high as 35%

Leaders of the National Bank of Egypt and Banque Misr revealed that…

Mohamed Ayyad

Egyptian pound appreciates against dollar in midst of imminent IMF loan signing, Trump elected president

The price of the Egyptian pound significantly increased against the US dollar…

Hossam Mounir

Pound flotation attracts foreign investors to EGX

Heads of financial institutions contend that these funds are high-risk

DNE
DNE

US dollar at customs repriced daily according to average bank rates on day before: ECA

The Central Bank of Egypt (CBE) sets the US dollar price for…

Mohamed Ayyad

CBE raises price of US dollar to EGP 17.41 for buying, EGP 17.84 for selling

The US dollar exchange rate rose at the Central Bank of Egypt…

Hossam Mounir