Banks in Egypt discuss fate of interest rates following CBE’s cut
Yield of some savings certificates, loan products automatically decreases by 0.5%, while…
CBE expects inflation to average under 6% in Q4 2020
Interest rate cut currently provides adequate support for economic activity, consistent with…
CBE to discuss fate of interest rate on Thursday
MPC meeting is shrouded in ambiguity regarding expected decision, as some analysts…
CBE receives 43 offers worth €888.3m for Euro-denominated T-bills
The CBE had launched a tender to sell €690m 364-day T-bills on…
CBE to launch €690m worth T-bill tender on Monday
The proceeds of the issuance will be used to pay the value…
After 4 years, Egypt’s exchange rate liberalisation proves its economic boon
Egypt sees $400bn in foreign exchange flows since decision enforced in November…
Egypt’s net international reserves up $795m in October to $39.22bn: CBE
Egypt’s international reserves consist of foreign currencies (FX), gold, special drawing rights…
Net foreign assets of Egypt’s banking sector up EGP 51.958bn in September
This came in addition to the decrease in the volume of foreign…
Local-currency bank deposits increase EGP 88.589bn in September: CBE
In a recent report, the CBE stated that demand deposits in local…