Tag: CBE

Egypt pays $2.25bn of external debt in July: CBE

Foreign exchange reserves dropped $2bn in July, reaching lowest point since January…

Hossam Mounir

Government banks rely on own resources to obtain US dollars, not on CBE tenders: head of Banque du Caire

Banque du Caire, along with all state-owned banks, does not obtain its…

Hossam Mounir

Stabilising US dollar exchange rate, CBE confuses dollar holders once again

The CBE directed banks to allocate foreign currency for imports of medication

Hossam Mounir

Financial stability is a key priority at the IMF, says Al-Mashat

Rania Al-Mashat talks to Daily News Egypt as she assumes new role…

Hossam Mounir

Interest rates for deposits set at 11.75%, lending at 12.75%: Monetary Policy Committee

The committee’s decision comes in an effort to control the rising rate…

Daily News Egypt

Pro-SME strategy is an aeroplane without wings

Despite increasing focus by the government and the Central Bank of Egypt…

Daily News Egypt

Dollar shortage created an inflationary recession in the local market: investors

Manufacturers rely on the informal market for US dollars, and securing 25%…

Hisham Salah

Inflation rate likely to rise next year: experts

Egypt’s core inflation rate climbed to its highest level in seven years…

Hisham Salah