Tag: CBE

CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt

The recent regulations did not include the foreign exchange, the CBE said…

Hossam Mounir Hossam Mounir

Industrial sector accounts for 32.6% of credit facilities in April: CBE

The industrial sector accounted for 32.6% of the total credit facilities granted…

Hossam Mounir Hossam Mounir

EGP devaluation: did the market misunderstand Amer or was confusion intended?

Amer had ruled out devaluation of the Egyptian pound before exchange reserves…

Hossam Mounir Hossam Mounir

EGX expected to range from 7,550 to 7,600 points during Sunday trading

Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…

Mohamed Ahmed Mohamed Ahmed

CBE considers 4 scenarios for future of the Egyptian pound against the dollar

The CBE is awaiting the entrance of US dollar flows estimated at…

Hossam Mounir Hossam Mounir

Bank loans to customers increase by EGP 13.2bn in April: CBE

Private sector received 74.8% of total loans

Hossam Mounir Hossam Mounir

Egypt external debt rises despite risks: experts

The domestic public debt also increased to EGP 2.496tn as of the…

Daily News Egypt Daily News Egypt

CBE stabilises US dollar exchange rate causing confusion in market

The higher inflation rate caused the CBE to postpone another devaluation of…

Hossam Mounir Hossam Mounir

January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007

5 January 1899 saw the issuance of the first Egyptian paper banknote,…

Hossam Mounir Hossam Mounir

Printing cash done in accordance to regulations, commitment to economic, legal measures: CBE

The annual growth of banknote issuance is usually proportionate to annual GDP…

Hossam Mounir Hossam Mounir