Tag: CBE

CBE fails to balance exchange market

Deputy governor admits that attempts to preserve pound to demonstrate strength of…

Liliana Mihaila Liliana Mihaila

USD exchange rate continues to rise as foreign reserves falls

The recurrent rise in the dollar's exchange rate reflected on the price…

Liliana Mihaila Liliana Mihaila

Happy New Year, Infidels!

Egypt is about to face an economic nuclear winter

Mahmoud Salem Mahmoud Salem

CBE launches a new mechanism to avoid FX reserves depletion

The Central Bank reaffirmed its commitment to pay the instalments and interest…

Liliana Mihaila Liliana Mihaila

Rebel Economy Wrap

Egypt Central Bank Battle, Budget Deficit Under Morsy, Retail Always Wins

Fady Salah Fady Salah

CBE governor denies resignation

The governor of the Central Bank of Egypt (CBE) Farouk Al-Oqda denied…

Liliana Mihaila Liliana Mihaila

SCAF-instated CBE law modifications to be confirmed by Morsy

President Morsy will issue a declaration in a few days to amend…

Fady Salah Fady Salah

CBE exempts four banks from applying Basel 2 Standards

Banque Misr and the Principal Bank for Development and Agricultural Credit ,…

Liliana Mihaila Liliana Mihaila

Electronic signature technology to be applied November

The banks as well as the stock market are ready to implement…

Hend El-Behary Hend El-Behary

Monescope Egypt: Domestic liquidity grows 8.9% in August

Monescope Egypt, a monthly tracker of monetary developments attached to Belton Financial,…

Islam Serour Islam Serour