Tag: CBE

CBE justifies complete liberalisation of EGP’s exchange rate

These measures aim to ensure macroeconomic stability and achieve sustainable, comprehensive economic…

Hossam Mounir Hossam Mounir

CBE’s recent measures harsh but necessary: BLOM’s Former VP

We have confidence in those currently managing the situation in CBE to…

Hossam Mounir Hossam Mounir

ALCOs hold meetings to discuss fate of interests after CBE’s 2% basic rate increase

Yield on some savings certificates, loan products to automatically increase by same…

Hossam Mounir Hossam Mounir

CBE issues regulatory controls for forward exchange contracts at banks

The Central Bank of Egypt (CBE) issued on Thursday the regulations of…

Daily News Egypt Daily News Egypt

As CBE adopts flexible exchange rate, will 2016 scenario be repeated?

Earlier this week, the CBE’s acting governor Hassan Abdallah said that the…

Fatma Salah Fatma Salah

Banks operating in Egypt spend EGP 882.9m in CSR during 1H 2022: CBE advisor

Banking sector is major supporter of all state-initiated social, development initiatives

Hossam Mounir Hossam Mounir

CBE governor to review Egypt’s monetary policies in light of global developments 

Review to take place during third session of Egyptian Economic Conference

Hossam Mounir Hossam Mounir

Annual core inflation continues its upward trend recording highest rate since December 2017: CBE

Non-food inflation continues to increase for 11th consecutive month recording highest rate…

Hossam Mounir Hossam Mounir

CBE hosts training programme on challenges facing central banks in COMESA in field of supervision, control

This was done in implementation of presidential directives to support Egyptian-African cooperation…

Daily News Egypt Daily News Egypt

Egypt’s external debt declined to $155.708bn by end of June: CBE

$129.089bn of the remaining debt is long-term debt and $26.619bn is short-term

Hossam Mounir Hossam Mounir