CBE to convert $4bn worth of dues on importers to local currency
Tarek Amer holds frequent meetings with public bank heads to discuss developments…
Foreign exchange reserves increase $80m in October: CBE
Foreign exchange reserves at the Central Bank of Egypt (CBE) increased by…
Total deposits growth rate in banks reached 18.88% in August: CBE
EGP 29.5bn increase in deposits, EGP 10.7bn increase in bank loans during…
Amer meets with banking leaders in preparation for CBE position
New governor holds meetings with bank leaders and representatives of various economic…
Tarek Amer holds consultations to form CBE’s board
The head of a public bank is expected to serve as a…
Amer’s most prominent challenge is employing liquidity in local currency at banks
Banks offered to invest EGP 252bn in CBE deposits for one day…
Dollar officially stable at EGP 8.03, experts expect it to stay fixed until end of 2015
Parallel market confusion amid the decline of the dollar in anticipation of…
CBE will discuss future of interest rate on EGP
According to analysts, MPC is highly expected to keep the major interest…
Forex suspended in anticipation of new CBE governor’s decisions
Black market records EGP 8.30 for dollar, while banks maintain it at…
Trade balance deficit increases by 38.8% YoY in July: CAPMAS
Egypt's trade balance continues to face a deficit, despite the state announcements…
