Tag: CBE

CBE orders banks to accept cash deposits in foreign currency: Industry minister

Accepting cash deposits is a step to restore growth rates in Egyptian…

Shaimaa Al-Aees

Tarek Amer to succeed Hisham Ramez as CBE governor

Al-Sisi expressed his appreciation for Ramez’s and the CBE board’s sincere efforts…

Hossam Mounir

Dollar price remains EGP 7.93 after 2 consecutive depreciations

The pound is expected to officially jump to EGP 8.30 before May…

Hossam Mounir

Dollar stabilises after increasing by 20 piasters in 2 days

Market awaits CBE's next step; analysts believe July's stability will be repeated

Hossam Mounir

Dollar price to break EGP 8 barrier in banks for first time

Price reaches EGP 8.40 in black market, which is in complete paralysis…

Hossam Mounir

Depreciating EGP postpones foreign investments

Foreign investors are sure that the Egyptian pound will be devalued further

Daily News Egypt

Pound depreciation has limited impact on budget deficit: Economists

Government forecasts on the deficit will not be achieved and will jump…

Mohamed Ayyad

More than EGP 39bn increase in volume of deposits in July: CBE

Banks support their allocations to meet doubtful loans and reduce its investments…

Hossam Mounir

Dollar rise amplifies prices of basic items

CBE decisions are against the interest of citizens, says head of Citizens…

Doaa Farid

Pound’s value drops by 10 piasters against US dollar

The dollar value had been stable for around 100 days

Sara Aggour