Tag: CBE

Prices of food items ‘increased’, minister promises control

Food prices will not increase following dollar rise, Hanafy says

Daily News Egypt Daily News Egypt

CBE’s SME funding initiative met with doubt

The initiative conflicts with other government lending initiatives because of its low…

Shaimaa Al-Aees Shaimaa Al-Aees

Basic interest rate raised by 1.5%

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Daily News Egypt Daily News Egypt

Moody’s praises CBE pound devaluation

Flexible exchange rate can offset some major challenges, Moody’s says

Daily News Egypt Daily News Egypt

JP Morgan expects further EGP devaluation, IMF loan deal

The US firm expects higher interest rates

Daily News Egypt Daily News Egypt

CBE sells $1.5bn to cover portion of temporary credit facilities to importers

Banks are required to redeposit amounts obtained in the CBE auction with…

Hossam Mounir Hossam Mounir

The difficult question of the dollar crisis

Many have raised questions about the reason behind the dollar crisis. Fortunately,…

The automotive sector’s shaky road

The Egyptian automotive market can be described in three terms: "suffered, suffering…

Mohamed Aboul-Fotouh Mohamed Aboul-Fotouh

Is the CBE the only player to blame for the dollar crisis?

In a recent press conference, prominent economist and chief economic adviser at…

Sara Aggour Sara Aggour