Depreciating EGP postpones foreign investments
Foreign investors are sure that the Egyptian pound will be devalued further
Pound depreciation has limited impact on budget deficit: Economists
Government forecasts on the deficit will not be achieved and will jump…
More than EGP 39bn increase in volume of deposits in July: CBE
Banks support their allocations to meet doubtful loans and reduce its investments…
Dollar rise amplifies prices of basic items
CBE decisions are against the interest of citizens, says head of Citizens…
Pound’s value drops by 10 piasters against US dollar
The dollar value had been stable for around 100 days
Ambiguity surrounds CBE governor’s fate as his term comes to close
Mohamed Barakat, Tarek Amer tipped as potential replacements for Ramez
CBE lost its power to rapidly intervene in foreign exchange market: Pharos
Banks are employing foreign cash deposits by individuals to finance the needs…
Banknote issuance increases to 13.09% of GDP in June: CBE
The rate of banknote issuance reached about 15.06% of GDP in June…
28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits
The CBE raised the Deposit Operation mechanism on Monday, in order to…
$63.27bn worth of international trade between Egypt and world in 9 months: CBE
The US and China are Egypt’s largest trading partners, the UAE is…