Dollar fixed for second time after CBE’s 20 piaster devaluation
Anticipating the central bank’s next move is difficult, says banker
CBE to cover 25% of banks’ temporary credit facilities granted to importers in foreign currencies
Banks are obliged to deposit the amounts the will obtain with the…
CBE intervenes to strengthen pound against dollar
Dollar fell in black market for hours until it suddenly stopped
CBE raises EGP value against dollar by 20 piasters
The central bank will also cover 25% of the temporary credit facilities…
CBE to provide $4bn in hard currency for import contracts: FEI head
NBE and Banque Misr provided $800m in the past few days to…
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…