Tag: CBE

Banks ordered to prioritise providing foreign exchange for vital exports

CBE demanded that local banks prioritise directing their foreign exchange liquidity to…

Hossam Mounir

Foreign exchange reserves stable in November

Foreign exchange reserves were stable in November at $16.4226bn, the Central Bank…

Hossam Mounir

Cooperation is conditional for obtaining dollars: CBE to banks

Amer's latest regulations for dollar availability act as a warning to uncommitted…

Hossam Mounir

CBE sets new regulations for dollar auctions

Banks acquisition of dollars is dependent on their efficiency in providing foreign…

Hossam Mounir

CBE issues exceptional offer to pump dollars in banks to meet import needs

Tarek Amer met with President Abdel Fattah Al-Sisi Wednesday to present his…

Hossam Mounir

Amer holds first CBE board meeting after formation Thursday

The market is also awaiting any indicators from the CBE regarding the…

Hossam Mounir

Egypt settles $547m dues to foreign EGX investors: CBE

Decision expected to boost stock market indicators, says EGX Chairman

Hossam Mounir

Banks fail to receive their share of CBE dollar auction

It maintained the exchange rate of the dollar against the pound at…

Hossam Mounir

Banking sector rejects value-added tax, seeks CBE’s assistance

Sources believe Amer is likely to agree to Federation of Egyptian Banks…

Hossam Mounir

CBE unable to meet EGPC’s dollar requirements

EGPC acquired $160m in October instead of $700m, says official

Mohamed Adel