Tag: CBE

US dollar loses over EGP 1 of its value since start of year

Expectations for US dollar to reach EGP 16.5

Hossam Mounir

Egypt’s foreign trade reaches $47.8bn in second half of 2018: CBE

Fourteen countries account for 60.62% of Egypt’s foreign trade volume, led by…

Hossam Mounir

Banking draft law will not impose term limits on state-owned banks’ board members: source

The source explained, in a statement to the Middle East News Agency,…

Daily News Egypt

Pundits expect CBE to hold interest rates unchanged on Thursday

April's inflation slowdown is temporary, may pick up again by end-May: analysts,…

Hossam Mounir

Egypt’s domestic debt exceeds EGP 4tn in December 2018: CBE

The CBE said in its monthly report on Tuesday that the domestic…

Hossam Mounir

Interest rate likely to be fixed during CBE’s Thursday meeting: HC Securities

Company expects CBE to continue trend toward reducing interest rate by end…

Hossam Mounir

Banking draft law to be sent to parliament for approval before end-May: source

It stipulates establishment of committee chaired by prime minister to maintain stability…

Daily News Egypt

US dollar continues decline below EGP 17 for first time in two years: CBE

The average price of US dollar in banks reached EGP 16.99 for…

Daily News Egypt

Pound appreciated 84 piasters since beginning of 2019: CBE

US currency is approaching EGP 17 against pound, as foreign exchange flows…

Hossam Mounir