$26m increase in CBE’s foreign exchange reserves in June
The value of gold included in the reserves increased to $2.602bn in…
Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE
The CBE said in a statement on its website on Sunday that…
CBE to reveal its foreign exchange reserves this week
Debt repayment to Qatar and Paris Club countries is likely to impact…
Government borrows more than EGP 1.1tn through treasury bills and bonds in FY 2015/16
Ministry of Finance reveals its intention to borrow EGP 317.5bn from banks…
Banks ignore CBE’s interest rate increase
CBE will not keep current rates and may be reversed in three…
Banks begin monitoring debit card transactions abroad
Misused debit cards will be suspended immediately, says the head of one…
CBE governor claims report on IMF loan was incorrect
Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…
Court’s suspension of CBE’s decision to limit tenure of bank heads step towards revoking it: El-Sherif Law Firm founder
On Sunday, an Administrative Court decided to suspend the CBE decision that…
Court suspends CBE’s decision to limit tenure of bank heads to 9 years
Tarek Amer, the CBE’s governor, issued a decision at the end of…
Banks keep ignoring CBE’s interest increase
Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…