Tag: CBE

CBE stabilises US dollar exchange rate, further confuses market

The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate…

Hossam Mounir

How can Al-Sisi fulfil his promise to solve the US dollar shortage in 170 days?

Stability of the foreign exchange market requires the government and the CBE…

Hossam Mounir

EGX expected to stay at 7,400 during Sunday trading

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

Mohamed Ahmed

Keeping things as they are is impossible: CBE governor

There is no intention to float the pound for now; Amer did…

Abdel Razek Al-Shuwekhi

CBE stabilises Egyptian pound against the US dollar at EGP 8.78

The CBE sold roughly $118.6bn to the banks through its tender.

Hossam Mounir

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

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

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